Hidrock Properties Sells Development Site On Liberty Street For $21.7M

A development site at 112 Liberty Street in the Financial District was recently sold for $21,700,000. The property, previously owned by Hidrock Properties, was sold at a significant markdown of nearly 46% from its purchase price in 2018.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $21,700,000
• Address: 112 Liberty Street
• Market: Financial District
• Seller: Jack Hidary - Hidrock Properties

The sale of the development site near the World Trade Center involved Jack Hidary representing Hidrock Properties in the transaction. The deal reflects a notable decrease in price from its previous purchase, indicating a significant market shift since 2018.