SOLD
2499-2501 Sedgwick Avenue Development Site Sold For $6.975M To 2499 Sedgwick Development LLC - SKF Development - Greg Roberts
2499-2501, 2503, 2511 Sedgwick Avenue
Development Site
1,200,000 SF
1,200,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
1,200,000 sqft
The development site located at 2499-2501, 2503, and 2511 Sedgwick Avenue in Bronx has been sold in a closed transaction. The property spans a total area of 120,000 square feet and was sold for a price of $6,975,000, slightly below the asking price of $7,250,000. The sale price equates to approximately $58 per square foot.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,975,000
- Address: 2499-2501, 2503, and 2511 Sedgwick Avenue
- Market: Bronx
The sellers of the property were Quoc Anh Le, John Hoyt, Victor & Wanda Reynoso. On the other hand, the buyer of the property was 2499 Sedgwick Development LLC, represented by SKF Development's Greg Roberts. Jonathan Hakimian, from an undisclosed agency, acted as the broker in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: @RoniSoleimani, Jonathan Hakimian, Greg Roberts
DATE: 05/22/2019
ADDRESS: 2499-2501, 2503, 2511 Sedgwick Avenue
MARKET: Bronx
ASSET TYPE: Development Site
ASKING PRICE: $7,250,000
SALE PRICE: $6,975,000
SF: 120,000
PPSF: $58
SELLER: Quoc Anh Le, John Hoyt, Victor & Wanda Reynoso
BUYER: 2499 Sedgwick Development LLC – SKF Development – Greg Roberts
BROKERS: Jonathan Hakimian (@hakimianjon) […]View on map
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Address2499-2501, 2503, 2511 Sedgwick Avenue
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