Yitzhak Pastreich’s Pinetree Group pays $6M to Estate of Arnold Lieber for property in the Upper West Side

Yitzhak Pastreich’s Pinetree Group through the entity Bayt Sky LLC paid Estate of Arnold Lieber’s White, Co Executor, Elizabeth $5.6 million for 33 West 88th Street in the Upper West Side. The deal closed on January 27, 2020, and was recorded on January 29, 2020. The transaction consists of 1 parcel, including the tax class primarily five to six family with store or office (S5) and containing 6 residential units. The property is 5,524 square feet. The parcel(s) have total development potential of 6,933 square feet.
The average sale price per square foot is $807.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $30,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link