REAL New York LLC Sells Development Site In Staten Island For $750,000

Located at 640 Gulf Ave. in Staten Island, this development site was recently sold in a closed transaction. The property, represented by Mendel Jacobson of REAL New York LLC, was purchased for $750,000. Spanning across 19,000 square feet, the site offers significant potential for development. With a price per buildable square foot of $39, this transaction presents a promising opportunity.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $750,000
• Address: 640 Gulf Ave.
• Market: Staten Island
• Seller's Representative: Mendel Jacobson - REAL New York LLC
• Buildable Square Footage (BSF): 19,000
• Price per Buildable Square Foot (PPBSF): $39

The sale of this development site was facilitated by Mendel Jacobson, a representative from REAL New York LLC. The transaction closed on 06/15/2022, marking a successful deal in the Staten Island market. With its strategic location and ample buildable square footage, this property presents a promising investment opportunity in the area.