Joseph Leno Of Impact Equities And Gary Vinbaytel Of Vinbaytel Development Acquire Development Site From Auevilla Holdings For $14.35M

The asset involved in this transaction is a development site located at 103 East 29th Street in the Manhattan market. The property was sold for a total price of $14,350,000, featuring a buildable square footage (BSF) of 45,132, which results in a price per buildable square foot (PPBSF) of $317.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $14,350,000
• Address: 103 East 29th Street
• Market: Manhattan
• BSF: 45,132
• PPBSF: $317
• Buyer: Joseph Leno - Impact Equities & Gary Vinbaytel - Vinbaytel Development; Dennis Druzhinsky & Ariel Benyacov
• Seller: Auevilla Holdings
• Broker: Håvard Iversen & Thomas Guss - New York Residence

The transaction involved multiple buyers, including Joseph Leno representing Impact Equities, Gary Vinbaytel for Vinbaytel Development, along with Dennis Druzhinsky and Ariel Benyacov. Auevilla Holdings acted as the seller, facilitated by brokers Håvard Iversen and Thomas Guss from New York Residence, managing the deal's complexities.