SOLD
Steven Hurwitz Of CAVU Property Group Acquires Development Site In Midwood From Elliott Chehebar Of The Jackson Group For $12.8M
2251 Nostrand Avenue
Development Site
Sold 346 days ago
Summary
Sale
NEW YORK
Development Site
The development site located at 2251 Nostrand Avenue in Midwood has been sold for a price of $12,800,000. The property consists of a development site with a buildable square footage (BSF) of 75,000 as of right, with a PPBSF (price per buildable square foot) of $170.66. Additionally, the property has a community facility, which brings the total BSF to 91,969.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $12,800,000
- Address: 2251 Nostrand Avenue
- Market: Midwood
The seller of this development site is Elliott Chehebar, representing The Jackson Group. The buyer is Steven Hurwitz of CAVU Property Group. The transaction was facilitated by brokers Sean Kelly, Lawrence Sarn, and Shimon Shkury from Ariel Property Advisors.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Elliott Chehebar, Sean R. Kelly, Shimon Shkury, Lawrence Sarn & Steven Hurwitz
DATE: 05/23/2023
ADDRESS: 2251 Nostrand Avenue
MARKET: Midwood
ASSET TYPE: Development Site
SELLER: Elliott Chehebar - The Jackson Group
BUYER: Steven Hurwitz - CAVU Property Group
BROKERS: Sean Kelly, Lawrence Sarn & Shimon Shkury - Ariel Property Advisors (@Arielpa.NYC)
SALE PRICE: $12,800,000
BSF (as of right): 75,000 ~ PPBSF: $170.66.66
BSF (with community facility): 91,969View on map
Loading...
Address2251 Nostrand Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want