SOLD
Israel Weinberger Acquires Development Site In Rockaway Park For $11.25M
2-34 Beach 102nd Street
Development Site
23,000 SF
23,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
23,000 sqft
A development site located at 2-34 Beach 102nd Street in Rockaway Park has been sold in a closed transaction. The property, with a total square footage of 23,000, was sold for $11,250,000. The site has a buildable square footage of 93,000, resulting in a price per buildable square foot of $115. The transaction included the sale of 10 units.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $11,250,000
- Address: 2-34 Beach 102nd Street, Rockaway Park
- Market: Rockaway Park
- Square Footage: 23,000
- Buildable Square Footage: 93,000
- Price per Buildable Square Foot: $115
- Number of Units: 10
The sellers of the property were Thomas & Alphonse Catanese, while the buyer was Israel Weinberger. The seller's representatives in the deal were Louis Cotrone and David Chase from B6 Real Estate.
This transaction has set a new record for the property market in Rockaway Park, further highlighting its potential for development and growth.
Players
All
2
Agents
2
Details
SOLD
IMAGE: Louis Cotrone (@cotr0ne)
DATE: 09/04/2019
ADDRESS: 2-34 Beach 102nd Street
MARKET: Rockaway Park
ASSET TYPE: Development Site
SELLER: Thomas & Alphonse Catanese
BUYER: Israel Weinberger
SELLER’S REP: Louis Cotrone, David Chase – @B6RealEstate
ASKING PRICE: $12,000,000
SALE PRICE: $11,250,000
SF: 23,000
BSF: 93,000 PPBSF: $115
UNITS: 10
NOTE: This set the record for the […]View on map
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Address2-34 Beach 102nd Street
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