Nova Ventures affiliate pays $6.7M to Michael Aryeh for property in Carnegie Hill

A Nova Ventures affiliate through the entity 1670 Third Avenue Owner LLC paid Michael Aryeh’s 1670 Third LLC $6.7 million for 1670 3rd Avenue in Carnegie Hill. The deal closed on January 13, 2021 and was recorded on January 28, 2021. The transaction consists of 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 16 residential units. The property is 8,216 square feet. The parcel(s) have total development potential of 8,216 square feet.
The sale price per unit is $415,625.

The last time the property sold was December 25, 2019 for $7,097,381. The contract date was written as December 11, 2021, but that may be a typo for December 11, 2020.
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