Maninder Sethi Acquires Development Site In New York City For $14.12M

A development site located at 25-16 37th Avenue in New York City has been sold in a closed transaction. The property is a development site, and it was sold for a total price of $14,120,000. The site has a total square footage of 11,529, resulting in a price per square foot of $1,225.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $14,120,000
• Address: 25-16 37th Avenue
• Market: New York City

Maninder Sethi is the buyer of the property. The transaction was facilitated by Greg Corbin and Felix Ades, who represent Rosewood Realty Group. They served as the brokers in the deal, helping to facilitate the successful transaction.