UWS rental with 33 units sells for $37M

The anonymous entity 233 West 83 Owner LLC through the entity 233 West 83 Owner LLC paid Eugene Brown’s 233 West 83rd St. Realty LLC $37.0 million for 2301 Broadway in the Upper West Side. The deal closed on December 18, 2019, and was recorded on December 20, 2019. The transaction consists of 1 parcel, including the tax class multifamily, fireproof – with stores (D6) and containing 33 residential units. The property is 61,250 square feet. The parcel(s) have total development potential of 95,254 square feet.
The sale price per unit is $1,121,212.

The contract to buy the property was signed June 20, 2019, about a week after the new rent regulation laws were enacted.

Over the past five years, there have been 5 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 5 renovation/alteration projects (A2) applied for with a total estimated value of $230,245.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link