Echevarria Properties Acquires Development Site On River Road In West New York For $5.75M

A development site located at 6600 River Road in West New York, NJ has been sold for a price of $5,750,000. Spanning over 20,000 square feet, this property offers unobstructed views of the Manhattan skyline and provides convenient access to major roads and public transportation. The transaction was facilitated by brokers Robert Antonicello and Robert Antonicello Jr. from Grid Real Estate.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $5,750,000
• Address: 6600 River Road, West New York, NJ
• Market: West New York, NJ

The buyer, Echevarria Properties, represented by Mario Echevarria, acquired the property from 6600 River Road Associates, led by Achille Scialoia. Echevarria Properties plans to develop E Residences on the Hudson, a luxury resort-style living project consisting of 133 units. The development will boast a range of amenities, including rooftop green terraces, indoor and outdoor pools, a community lounge, a theater room, a business center, and a state-of-the-art fitness center.

With its prime location and extensive amenities, E Residences on the Hudson aims to redefine luxurious living in the area. The deal showcases the vision of Echevarria Properties and the commitment of all parties involved in bringing this development to life.