SOLD
Jorge Madruga Acquires Bronx Development Site For $16M
422 East 165th Street
Development Site
50,500 SF
50,500 SF
Sold 294 days ago
Summary
Sale
NEW YORK
Development Site
50,500 sqft
A development site located at 422 East 165th Street in Bronx has been sold for a total price of $16,000,000. The property spans across 50,500 square feet, resulting in a price per square foot of $317. The transaction took place on 06/28/2023.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $16,000,000
- Address: 422 East 165th Street
- Market: Bronx
- SF: 50,500
- PPSF: $317
Jorge Madruga has acquired the development site from Larry Baum. The deal was facilitated by Michael Gilbert from Gilco Realty, who acted as the broker representing both the buyer and the seller.
Players
All
1
Agents
1
Details
SOLD
IMAGE: Michael Gilbert
DATE: 06/28/2023
ADDRESS: 422 East 165th Street
MARKET: Bronx
ASSET TYPE: Development Site
BUYER: Jorge Madruga
SELLER: Larry Baum
BROKER: Michael Gilbert - Gilco Realty
SALE PRICE: $16,000,000
SF: 50,500 ~ PPSF: $317View on map
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Address422 East 165th Street
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