DH Property Holdings Acquires Development Site In Staten Island For $65M

1900 South Avenue, Staten Island, NY, USA

$65,000,000

$45/SF

Building Size

1,426,035 SF

Asset Type

Development Site

Closing

Jan 4, 2021

AI

A development site located at 1900 South Avenue in Staten Island has been sold for $65,000,000. The property covers an area of 4.3 acres and is zoned as M3-1. The transaction took place on January 5, 2021.

Summary of transation details

Property Type: Development site
Transaction Amount: $65,000,000
Address: 1900 South Avenue
Market: Staten Island
Zoning: M3-1

The buyer of the property is DH Property Holdings, represented by Dov Hertz. The sellers are Robert & Neil Vanderbilt. The deal was facilitated by brokers John Alascio, Sri Vankayala, Chuck Kohaut, TJ Sullivan, and Emily Johansen from Cushman & Wakefield.

Players