Scott Avram Of AG Paratus And Jason Halpern Of JMH Development Acquire Development Site For $23.5M

The asset involved in this transaction is a development site located at 111-113 East 12th Street in the East Village market of Manhattan. The property was sold for $23,500,000 and encompasses a total building square footage of 49,632.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $23,500,000
• Address: 111-113 East 12th Street
• Market: East Village, Manhattan
• Building Square Footage: 49,632
• Buyer: Scott Avram – AG Paratus & Jason Halpern – JMH Development
• Seller: Amac Holdings
• Brokers: Jonathan Hageman, Guthrie Garvin & Steven Rutman - JLL

Key individuals in this transaction include the buyers Scott Avram, representing AG Paratus, and Jason Halpern, representing JMH Development. The sellers were represented by Amac Holdings. The brokerage services were provided by Jonathan Hageman, Guthrie Garvin, and Steven Rutman from JLL, facilitating the deal between the parties involved.