Charatan Realty Brokers Sell Manhattan Development Site For $50M

A development site located at 185 E 80th Street in Manhattan has been sold for $50,000,000. The site spans 32,330 square feet, with a price per square foot of $1,547. The building square footage is 100,000, resulting in a price per building square foot of $500.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $50,000,000
• Address: 185 E 80th Street, Manhattan
• Market: Manhattan
• Seller: Maria Armendariz
• Brokers: Jack Bick & Erik Otema from Charatan Realty
• Square Feet: 32,330
• Price per Square Foot: $1,547
• Building Square Footage: 100,000
• Price per Building Square Foot: $500

Jack Bick and Erik Otema from Charatan Realty acted as the brokers representing Maria Armendariz in the sale of the development site at 185 E 80th Street in Manhattan.