SOLD
Kane Ventures Acquires Development Site In Washington Heights For $3M
140 Hillside Avenue
Development Site
17,998 SF
17,998 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
17,998 sqft
A development site located at 140 Hillside Ave in Washington Heights has been sold in a transaction that took place on February 17, 2022. The buyer, Kane Ventures, was represented by Yoni Bak, while the seller was Read Property Group. The sale was facilitated by brokers Sam Schertz and Mendy Wiesner from Schuckman Realty. The property was purchased for a price of $3,000,000 with approved plans and traded at a price per buildable square foot (PPBSF) of $166. The total buildable square footage (BSF) is 17,998.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $3,000,000
- Address: 140 Hillside Ave, Washington Heights
- Market: Washington Heights
Sam Schertz and Mendy Wiesner from Schuckman Realty played a crucial role in this transaction, representing both the buyer, Kane Ventures, and the seller, Read Property Group. They are experienced brokers specializing in investment sales. For any inquiries regarding development sites and properties uptown, feel free to contact Sam Schertz at [email protected] or Mendy Wiesner at [email protected].
Note: The property was purchased with approved plans and traded at $166 per buildable square foot (PBSF).
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Sam Schertz & Mendy Wiesner
DATE: 02/17/2022
ADDRESS: 140 Hillside Ave
MARKET: Washington Heights
ASSET TYPE: Development Site
BUYER: Kane Ventures - Yoni Bak
SELLER: Read Property Group
BROKERS: Sam Schertz (@SamSchertz) & Mendy Wiesner (@MendyWiesner) - Schuckman Realty (@SchuckmanRealty)
SALE PRICE: $3,000,000
BSF: 17,998 ~ PPBSF: $166
NOTE FROM @SchuckmanRealty: Schuckman Realty Investment Sales Team represented both sides in this transaction. The site was purchased with approved plans & traded for $166 PBSF.
Please reach out to Sam Schertz & Mendy Wiesner for other development sites & properties uptown.
[email protected]; [email protected]View on map
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Address140 Hillside Avenue
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