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Private Investor Acquires Development Site In Harlem For $3.5M

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SOLD

New York

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Development Site11,347 SF
Sold 11/30/2017
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SOLD

Private Investor Acquires Development Site In Harlem For $3.5M

321 W 136th St, New York, NY 10030, USA

See Similar Deals
Development Site11,347 SF
Sold 11/30/2017
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:11,347 SF
Transaction Type:Sale

The development site located at 321 West 136th Street in Harlem, New York, was recently sold in a closed transaction. The property is a development site and was purchased for a total price of $3,525,000. The price per buildable square foot was $310. The seller of the property was Adam Cohen of the Stuyvesant Group, while the buyer was a private investor.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $3,525,000
  • Price per Buildable Square Foot: $310
  • Address: 321 West 136th Street, New York
  • Market: Harlem

The transaction was facilitated by Westbridge Realty Group, with Steven Westreich and Hen Vaknin representing the buyer and seller, respectively.

The property was purchased with approved plans to build, ensuring that the buyer has the opportunity to develop the site according to their vision.

Players

5 deals$82.5M volume
SELLER

Adam Cohen
5 deals$82.5M volume
SELLER

Adam Cohen
5 deals$82.5M volume
SELLER

Details

SOLD
IMAGE: 11/30/17 ADDRESS: 321 West 136th Street CITY: New York MARKET: Harlem ASSET TYPE: development site PRICE: $ 3,525,000 PPSF: $310 per buildable square foot SELLER: Adam Cohen of the Stuyvesant Group BUYER: Private Investor BROKER: Westbridge Realty Group – Steven Westreich & Hen Vaknin NOTE: The site was purchased with approved plans to build […]

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