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Guido Subotovsky Acquires Development Site In Kingsbridge, Bronx For $1.45M

Property Image
SOLD
$1,450,000
Karl Brumback
Eric Tiefen
GS

New York

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Development Site20,216 SF
Sold 08/14/2020
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Property Image
SOLD

Guido Subotovsky Acquires Development Site In Kingsbridge, Bronx For $1.45M

3029 Godwin Terrace, The Bronx, NY 10463, USA

See Similar Deals
Development Site20,216 SF
Sold 08/14/2020
Karl Brumback
Eric Tiefen
GS
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$71
Total Square Footage:20,216 SF
Transaction Type:Sale

The development site located at 3029 Godwin Terrace in Kingsbridge, Bronx has been sold in a closed transaction. The property was sold by the Roman Catholic Church of Saint John & Visitation, and the buyer is Guido Subotovsky. The sale was facilitated by brokers Karl Brumback and Eric Tiefen of JLL. The transaction took place on August 14, 2020, and the sale price amounted to $1,450,000.

Summary of Transaction Details

  • Property Type: Development site
  • Transaction Amount: $1,450,000
  • Property Address: 3029 Godwin Terrace, Kingsbridge, Bronx
  • Market: Kingsbridge, Bronx
  • Buyer: Guido Subotovsky
  • Seller: Roman Catholic Church of Saint John & Visitation
  • Brokers: Karl Brumback & Eric Tiefen - JLL

The development site has a building square footage (BSF) of 20,216 square feet. The price per buildable square foot (PPBSF) is $71. The sale of this property marks an important transaction in the Kingsbridge market.

Players

Eric Tiefen
JLL
Eric Tiefen
2 deals$10.5M volume(312) 782-5800
BROKER
Karl Brumback
JLL
Karl Brumback
25 deals$388.3M volume(917) 509-9660
BROKER
GS
Guido Subotovsky
6 deals$66M volume
BUYER

Details

SOLD
IMAGE: IMAGE: @EricTiefen & Karl Brumback DATE: 08/14/2020 ADDRESS: 3029 Godwin Terrace MARKET: Kingsbridge, Bronx ASSET TYPE: Development site BUYER: Guido Subotovsky SELLER: Roman Catholic Church of Saint John & Visitation BROKERS: Karl Brumback & Eric Tiefen – JLL SALE PRICE: $1,450,000 BSF: 20,216 PPBSF: $71

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