Steven Albert pays $6M to Gerald Singer for mixed-use property in the Upper West Side

Steven Albert through the entity 55 West House LLC paid Gerald Singer’s 55 West 86th Street Associates LLC $6.2 million for 55 West 86th Street in the Upper West Side. The deal closed on December 3, 2019, and was recorded on December 5, 2019. The transaction consists of 1 parcel, including the tax class primarily five to six family with store or office (S5) and containing 5 residential units. The property is 9,232 square feet. The parcel(s) have total development potential of 20,122 square feet.
The average sale price per square foot is $308.

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