EVgo Services Acquires Development Site In Bay Ridge For $5.3M

A development site located at 9201 5th Avenue in Bay Ridge has been sold for a price of $5,300,000. The buyer, EVgo Services, acquired the property from the Podolsky Family. The transaction was facilitated by Daniel O'Brien, Rico Murtha, Felton Hatcher, and Helen Paul of Cushman & Wakefield.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $5,300,000
• Address: 9201 5th Avenue
• Market: Bay Ridge

EVgo Services purchased the development site at 9201 5th Avenue in Bay Ridge from the Podolsky Family for a total of $5,300,000. The property spans approximately 20,866 square feet with a price per square foot of $254. The transaction was facilitated by Daniel O'Brien, Rico Murtha, Felton Hatcher, and Helen Paul of Cushman & Wakefield.