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422 East 165th Street
SOLD

Jorge Madruga Acquires Bronx Development Site For $16M

422 East 165th Street

Development Site
50,500 SF
clock iconSold 1 year ago
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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

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  • Agents

    1

Michael "Mike" Gilbert's profile picture
Michael "Mike" Gilbert
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$33.5M Sold

Details

Deal Summary
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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: $317

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Address422 East 165th Street

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