Gilston Family Sells Development Site At 453 East 175th Street For $1.911M

The property asset involved in this transaction is a development site located at 453 East 175th Street in the Tremont market. It was sold for a total of $1,911,000, with a building square footage (BSF) of 20,548 and a price per building square foot (PPBSF) of $93. The site has a total square footage (SF) of 5,123 and a price per square foot (PPSF) of $373.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,911,000
• BSF: 20,548
• PPBSF: $93
• SF: 5,123
• PPSF: $373
• Seller: Gilston Family
• Brokers: Daniel Mahfar & Jason M. Gold - Ariel Property Advisors

Key individuals in this deal include Daniel Mahfar, who can be reached at [email protected] or by phone at 212-544-9500 Ext. 99. Jason M. Gold is also involved, with contact available at [email protected] or by phone at 212-544-9500 Ext. 22. Both brokers are associated with Ariel Property Advisors, which facilitated this transaction.