Simkho Aranbayev pays $3.1M to Tracy Cohen for retail in University Heights

Simkho Aranbayev through the entity Sdme Capital Group LLC paid Tracy Cohen’s 300 West 231 Street LLC $3.1 million for 300 West 231st Street in University Heights. The deal closed on October 21, 2020, and was recorded on November 16, 2020. The transaction consists of 1 parcel, including the tax class one-story store building (K1). The property is 6,950 square feet. The parcel(s) have total development potential of 7,814 square feet.
The average sale price per square foot is $397.

The contract date was July 31, 2020. The last time the property sold was November 14, 2013, for $2,950,000.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $87,355.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Simkho Aranbayev