Eli Karp's ElloLiving Acquires Development Site In Bronx, NY For $11.9M | 998-1010 & 1037-1049 Washington Avenue | Roni Soleimani, Daniel Rahmani | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

172,730 sqft

A development site located at 998-1010 & 1037-1049 Washington Ave in Bronx, NY, has been sold in a transaction that closed on 04/25/2019. The property, with a total buildable square footage of 172,730, was sold for a price of $11.9M, resulting in a price per square foot of $68.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $11.9M
Address: 998-1010 & 1037-1049 Washington Ave, Bronx, NY
Market: Bronx, NY
Total BSF: 172,730
Seller: Daniel Florio - Grad Realty
Buyer: Eli Karp - elloLiving
Brokers: Daniel Rahmani & Roni Soleimani - CPPRE

The sale was facilitated by the brokers Daniel Rahmani and Roni Soleimani from CPPRE, who represented the seller and the buyer respectively in the transaction.

Players

All
4

Agents
2
Agencies
2

Roni Soleimani

Managing Partner

$84.4M Sold

Daniel Rahmani

Founding Partner & COO

$158.1M Sold

SP Capital Group

Capital Property Partners

Details

Deal Summary

SOLD

IMAGE: Eli Karp, Roni Soleimani & Daniel Rahmani DATE: 04/25/2019 ADDRESS: 998-1010 & 1037-1049 Washington Ave MARKET: Bronx, NY ASSET TYPE: Development Site SELLER: Daniel Florio - Grad Realty BUYER: Eli Karp - @HelloLiving BROKERS: Daniel Rahmani & Roni Soleimani - CPPRE SALE PRICE: $11.9M.9 TOTAL BSF: 172,730 ~ PPSF: $68

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Address998-1010 & 1037-1049 Washington Avenue

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