Steven Fei Fang pays $7M to Laurence N. Asseraf for property in Tribeca

Steven Fei Fang through the entity 147 Duane St LLC paid Laurence N. Asseraf’s L & J Tribeca, LLC $7.1 million for 147 Duane Street in Tribeca. The deal closed on April 2, 2020, and was recorded on April 8, 2020. The transaction consists of 1 parcel, including the tax class primarily four family with store or office (S4) and containing 4 residential units. The property is 6,200 square feet.

The sale went into contract January 31, 2020. Asseraf bought the building in April 2001 for $2.25 million. The brokers representing the seller were Besen Partners’ Ron Cohen and Jay Bernstein; for the buyer was Kian Realty’s Anna Ji, Traded NY reported.

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 $153,400.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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