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93-30 93rd Street
SOLD

Chris Jiashu Xu Acquires Development Site In New York City For $70M With Brokers From JLL

93-30 93rd Street

Development Site
669,878 SF
clock iconSold 1 year ago
Robert (Bob) Knakal
Jonathan (Jon) Hageman
Ethan Stanton
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Summary

Sale
NEW YORK
Development Site
669,878 sqft

A development site located at 93-30 93rd Street in New York City has been sold for a total price of $70,000,000. The property spans approximately 669,878 square feet, resulting in a price per square foot of $104. The transaction took place on May 19, 2023, with Vornado as the seller and Chris Jiashu Xu as the buyer.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $70,000,000
  • Square Footage: 669,878
  • Price Per Square Foot: $104
  • Address: 93-30 93rd Street
  • Market: New York City

The deal was facilitated by several brokers from JLL, including Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, Winfield Clifford, Robert Knakal, and Jonathan (Jon) Hageman. Chris Jiashu Xu represented the buyer in this transaction.

Players

  • All

    8

  • Agents

    7

  • Agencies

    1

Robert (Bob) Knakal's profile picture
Robert (Bob) Knakal
JLL-image
Chairman, New York Office Co-Head
$2.6B Sold
Ethan Stanton's profile picture
Brendan Maddigan's profile picture
Stephen Palmese's profile picture
Winfield Clifford's profile picture

Details

Deal Summary
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SOLD
IMAGE: Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, Chris Jiashu Xu, Winfield Clifford, Robert Knakal & Jonathan Hageman DATE: 05/19/2023 ADDRESS: 93-30 93rd Street MARKET: New York City ASSET TYPE: Development Site BUYER: Chris Jiashu Xu SELLER: Vornado BROKERS: Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, Winfield Clifford, Robert Knakal & Jonathan (Jon) Hageman - JLL (@JLL) SALE PRICE: $70,000,000 SF: 669,878 ~ PPSF: $104

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Address93-30 93rd Street

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