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SOLD

Naftali Group Acquires Development Site On Kent Avenue For $72M

470 kent avenue

Development Site
clock iconSold 1 year ago
Robert Burton
Ethan Stanton
Brendan Maddigan
+ 4
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Summary

Sale
NEW YORK
Development Site

A development site located at 470 Kent Avenue in New York City has been sold for a total of $72,000,000. The property is situated in a prime location with high market value.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $72,000,000
  • Address: 470 Kent Avenue, New York City

The buyers of the property are Naftali Group, represented by Miki Naftali and David Hochfelder. They have acquired the development site through the transaction.

The sale of the property was facilitated by a team of brokers. Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, and Winfield Clifford from JLL, as well as Robert Burton from Cushman & Wakefield, played a crucial role in completing the deal.

Players

  • All

    8

  • Agents

    6

  • Agencies

    2

Robert Burton's profile picture
Robert Burton
Cushman & Wakefield-image
Sr. Managing Director
$429.9M Sold
Ethan Stanton's profile picture
Brendan Maddigan's profile picture
Winfield Clifford's profile picture

Details

Deal Summary
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SOLD
IMAGE: David Hochfelder, Miki Naftali, Winfield Clifford, Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara & Robert Burton DATE: 01/13/2023 ADDRESS: 470 Kent Avenue MARKET: New York City ASSET TYPE: Development Site BUYER: Naftali Group (@Naftali_Group) - Miki Naftali (@MikiNaftali) & David Hochfelder BROKERS: Brendan Maddigan (@BrendanMaddigan), Ethan Stanton, Stephen Palmese (@StephenPalmese), Michael Mazzara (@Mmazz129) & Winfield Clifford - JLL (@JLL); & Robert Burton - Cushman & Wakefield (@CushWake) SALE PRICE: $72,000,000 &Wakefield

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Address470 kent avenue

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