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157 Beach 96th Street
SOLD

Carmine Evangelista Acquires Development Site In Far Rockaway For $2.9M

157 Beach 96th Street

Development Site
10,000 SF
clock iconSold 1 year ago
Greg Corbin
Brandon Serota
the dealplayerscompscontact
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Summary

Sale
NEW YORK
Development Site
10,000 sqft

A development site located at 157 Beach 96th Street in Far Rockaway has been sold for $2,900,000. The property, situated on a lot measuring 50 ft x 100 ft, is zoned as R5D. The site offers a total buildable square footage (BSF) of 10,000, translating to a price per buildable square footage (PPBSF) of $290. The transaction took place on September 2, 2021.

Summary of transaction details:

  • Property Type: Development Site 🏗
  • Transaction Amount: $2,900,000
  • Address: 157 Beach 96th Street
  • Market: Far Rockaway
  • Zoning: R5D
  • Lot Dimensions: 50 ft x 100 ft
  • BSF: 10,000
  • PPBSF: $290
  • Date: September 2, 2021

The buyer of the property is Carmine Evangelista. The transaction was facilitated by Greg Corbin and Brandon Serota of Rosewood Realty Group, acting as the buyer's representatives.

It's worth noting that the construction on the site has been stalled, as mentioned by the brokers.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Greg Corbin's profile picture
Greg Corbin
Northgate Real Estate Group-image
President
$718.3M Sold
Brandon Serota's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Brandon Serota & Greg Corbin DATE: 09/02/2021 ADDRESS: 157 Beach 96th Street MARKET: Far Rockaway ASSET TYPE: Development Site 🏗 ~ ZONING: R5D BUYER: Carmine Evangelista BROKERS: Greg Corbin (@TheCorbinGroup) & Brandon Serota (@SerotaBrandon) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $2,900,000 BSF: 10,000 ~ PPBSF: $290 LOT DIMENSIONS: 50 ft x 100 ft NOTE FROM BROKER: Stalled construction

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Address157 Beach 96th Street

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