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Eli Karp's ElloLiving Acquires Development Site In Bronx, NY For $11.9M

Property Image
SOLD
$11,900,000
Roni Soleimani
Daniel Rahmani
EK

New York

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Development Site172,730 SF
Sold 04/24/2019
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Property Image
SOLD

Eli Karp's ElloLiving Acquires Development Site In Bronx, NY For $11.9M

998 Washington Avenue, Brooklyn, NY, 11225, USA

See Similar Deals
Development Site172,730 SF
Sold 04/24/2019
Roni Soleimani
Daniel Rahmani
EK
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$68
Total Square Footage:172,730 SF
Transaction Type:Sale

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

Daniel Rahmani
Capital Property Partners
Daniel Rahmani
12 deals$184.9M volume
BROKER
Roni Soleimani
SP Capital Group
Roni Soleimani
20 deals$92.4M volume
BROKER
EK
Eli Karp
2 deals$16.9M volume
BUYER

Details

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 TOTAL BSF: 172,730 ~ PPSF: $68

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