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215 West 84th Street

Naftali Group Acquires Development Site In Upper West Side For $71M

215 West 84th Street

Development Site
104,810 SF
clock iconSold 1 year ago
Jonathan (Jon) Hageman
Max Herzog
Scott Aiese
+ 3
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Development Site
104,810 sqft

A development site located at 215 West 84th Street on the Upper West Side has been sold for a staggering $71,000,000 in a recent transaction. The property spans a total of 145,000 square feet and is valued at $489 per square foot. The buyer of the site is the Naftali Group, a prominent real estate development company.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $71,000,000
  • Address: 215 West 84th Street
  • Market: Upper West Side
  • Square Footage: 145,000
  • Price per Square Foot: $489

The Naftali Group was represented in the deal by brokers Bob Knakal, Stephen Palmese, Hall Oster, and John Hageman from JLL. These brokers facilitated the successful purchase of the development site on behalf of their client.

In addition to the sale price, a loan amount of $46,000,000 was secured for the transaction. Brokers Max Herzog and Scott Aiese from JLL were involved in arranging the loan for the Naftali Group.


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Jonathan (Jon) Hageman's profile picture
Jonathan (Jon) Hageman
Managing Director
$1.8B Sold
Scott Aiese's profile picture
Stephen Palmese's profile picture
Hall Oster's profile picture


Deal Summary
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IMAGE: Bob Knakal, Max Herzog, David Hochfelder, Scott Aiese, Miki Naftali, Stephen Palmese, Danielle Naftali, Hall Oster & John Hageman DATE: 06/2021 ADDRESS: 215 West 84th Street MARKET: Upper West Side ASSET TYPE: Dev. Site BUYER: @Naftali_Group BROKERS: Bob Knakal, Stephen Palmese, Hall Oster & John Hageman @JLL PRICE: $71,000,000 BSF: 145,000 ~ PPBSF: $489 LOAN AMOUNT: $46,000,000 BROKERS: Max Herzog, Scott Aiese @JLL

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Address215 West 84th Street


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