Nihal Mehta pays $6.2M to Dana Nielsen for 24-unit rental in Chelsea

Nihal Mehta through the entity Nihal Mehta Revocable Trust paid Dana Nielsen’s Chelsea 442 LLC $6.2 million for 442 West 22nd Street in Chelsea. The deal closed on February 26, 2021 and was recorded on March 15, 2021. The transaction consists of 1 parcel, including the tax class multifamily, converted dwelling or rooming house (C5) and containing 24 residential units.
The sale price per unit is $260,417.

The head officer for the seller according to HPD was Dana Nielsen.
Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $525,844.0. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $85,000.

Direct link to Acris document. link
The signatory for the buyer was Nihal Mehta.