101 Holdings Sells Cedarhurst Development Site For $2.8M With Seller's Rep Booth Capital Advisors

An development site located at 560-570 Peninsula Blvd. in Cedarhurst, was recently sold for a total price of $2,800,000. The property has a buildable square footage (BSF) of 32,650, which translates to a price per buildable square foot (PPBSF) of $85. The sale transaction took place on November 3, 2021.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $2,800,000
• Address: 560-570 Peninsula Blvd.
• Market: Cedarhurst
• Buildable Square Footage (BSF): 32,650
• Price per Buildable Square Foot (PPBSF): $85

The seller of the development site is 101 Holdings, represented by Michael Ashkenazy. The seller's representatives in the transaction were Brian Agus and Bruce Herman from Booth Capital Advisors.