The property is a 99-year leasehold development with the lease starting in 1970. As of 2025, there are approximately 44 years remaining on the leasehold tenure.

The highest price per square foot recorded in the recent data is $912, achieved during a transaction in October 2024. This was for a 2,411 square foot unit that sold for a total of $2,200,000.

In June 2021, a 1,701 square foot unit transacted at $1,350,000 ($794 psf). By March 2025, a 2,336 square foot unit sold for $2,088,000 ($894 psf), representing an increase in the price per square foot over that period.

Based on recent transaction data, unit sizes are relatively large, ranging from 1,701 square feet to 2,411 square feet. The most common size among recent sales is 2,336 square feet, which appeared in both 2022 and 2025 transactions.

The median transaction price for the project is $1,919,000. This is calculated from four recorded sales ranging from a low of $1,350,000 to a high of $2,200,000.

The lowest price per square foot recorded in the provided data set was $749. This occurred in January 2022 for a 2,336 square foot unit that sold for a total price of $1,750,000.