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Extra Space Storage Acquires Self-Storage Property In The Bronx For $15.35M

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SOLD
$15,350,000

New York

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41,000 SF
Sold 12/23/2021
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Property Image
SOLD

Extra Space Storage Acquires Self-Storage Property In The Bronx For $15.35M

1045 Webster Avenue, Bronx, NY 10456

See Similar Deals
41,000 SF
Sold 12/23/2021
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Summary

NEW YORK
Price Per Square Foot:$374
Total Square Footage:41,000 SF
Transaction Type:Sale

A self-storage property located at 1045 Webster Avenue in the Bronx has been sold for a total of $15,350,000. The property spans 41,000 square feet and was sold at a rate of $374 per square foot. The transaction took place on 23rd December 2021, and the buyer is Extra Space Storage, represented by Joe Margolis. Knickpoint Ventures, represented by Matt Sprayregen, acted as the seller in the deal. Cushman & Wakefield brokers Noah Obuchowski and Robert Bloch facilitated the transaction.

Summary of transaction details:

  • Property Type: Self-storage
  • Transaction Amount: $15,350,000
  • Square Footage: 41,000
  • Price per Square Foot: $374
  • Address: 1045 Webster Avenue, Bronx
  • Market: Bronx

One of the key individuals involved in the deal is Joe Margolis, representing Extra Space Storage as the buyer. The seller, Knickpoint Ventures, was represented by Matt Sprayregen. The transaction was facilitated by brokers Noah Obuchowski and Robert Bloch from Cushman & Wakefield.

Players

Noah Obuchowski
4 deals$71.6M volume
BROKER

Robert (Bobby) Bloch
Cushman & Wakefield
6 deals$71.6M volume
BROKER

BUYER

Matt Sprayregen
6 deals$125.7M volume
SELLER

Details

SOLD
IMAGE: Matt Sprayregen DATE: 12/23/2021 ADDRESS: 1045 Webster Avenue MARKET: Bronx ASSET TYPE: Self-storage BUYER: Extra Space Storage - Joe Margolis SELLER: Knickpoint Ventures - Matt Sprayregen (@MattSprayregen_) BROKERS: Noah Obuchowski & Robert Bloch - Cushman & Wakefield (@CushWake) SALE PRICE: $15,350,000 SF: 41,000 ~ PPSF: $374

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