Michael Musto Of Development Site Advisors Represents Sale Of Development Site In Inwood For $8M

The property involved in this transaction is a development site located at 5099 Broadway and 5089 Broadway in the Inwood market. The sale price of the asset was $8,000,000, with a total lot size of 12,362 square feet, resulting in a price per square foot of $647. The zoning classifications for this site are R7D, C2-4, IN, and MIH.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $8,000,000
• Lot Size: 12,362 sq ft
• Price per Lot Square Foot: $647
• Zoning: R7D, C2-4, IN, MIH
• Broker: Michael Musto - Development Site Advisors

Michael Musto from Development Site Advisors represented the transaction, facilitating the deal for the development site. His role as the broker was crucial in the successful completion of the transaction.