Tony Huang pays $5.4M for 36-unit rental in Washington Heights

Tony Huang through the entity 449 Audubon Heights Associates, LLC paid John D. Balian’s Palu Properties LLC $5.4 million for 449 Audubon Avenue in Washington Heights. The deal closed on January 29, 2021 and was recorded on March 1, 2021. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 36 residential units. The property is 31,250 square feet.
The sale price per unit is $149,667.

The contract date was November 6, 2020. The last time the property sold was October 18, 2010 for $3,625,000.
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 $75,000.

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