Miguel Luna pays $10.5M to Richard Scharf for retail in Inwood

Miguel Luna through the entity 4910 Inwood Realty LLC paid Richard Scharf’s 4910 Broadway Realty LLC $10.5 million for 4910 Broadway in Inwood. The deal closed on March 4, 2021 and was recorded on March 17, 2021. The transaction consists of 1 parcel, including the tax class one-story store building (K1). The property is 9,200 square feet.
The average sale price per square foot is $1,141.

The contract date was January 1, 2021. The last time the property sold was May 30, 2013 for $1,056,250.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.

Direct link to Acris document. link
The signatory for the buyer or lender was Miguel Luna