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Cayre Equities Acquires Development Site On 145th Street In Harlem For $10.5M

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SOLD

New York

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Development Site384,692 SF
Sold 05/04/2018
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SOLD

Cayre Equities Acquires Development Site On 145th Street In Harlem For $10.5M

119 W 145th St, New York, NY 10039, USA & 119 W 145th St, New York, NY 10039, USA

See Similar Deals
Development Site384,692 SF
Sold 05/04/2018
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:384,692 SF
Transaction Type:Sale

The development site located at 119 West 145th Street in Harlem, New York, has been sold for a price of $10,500,000. The property, which spans a total of 34,972 square feet, was sold at a price per buildable square foot of $300.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $10,500,000
  • Address: 119 West 145th Street
  • City: New York
  • Market: Harlem
  • Buildable Square Footage: 34,972 SF
  • Price per Buildable Square Foot: $300
  • Seller: Platinum Realty Associates - Koptiev Family & RW Real Estate Group
  • Buyer: Cayre Equities - Ken Cayre

Platinum Realty Associates, represented by the Koptiev Family and RW Real Estate Group, sold the property to Cayre Equities, led by Ken Cayre.

It is worth noting that Platinum Realty Associates had initially purchased the Getty Gas station on the lot for $4.62 million.

Players

5 deals$99.5M volume
BUYER

Real Estate Group
SELLER

Details

SOLD
IMAGE: Ken Cayre DATE: 05/04/2018 ADDRESS: 119 West 145th Street CITY: NewYork MARKET: Harlem ASSET TYPE: DevSite PRICE: $10,500,000 BSF: 34,972 SF PPBSF: $300 SELLER: Platinum Realty Associates (@platinumrealtynyc) – Koptiev Family & RW Real Estate Group BUYER: Cayre Equities – Ken Cayre NOTE: Platinum purchased the Getty Gas station on the lot for 4.62M […]

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