Ted Doering Of Mid-Hudson Film LLC Purchases Development Site In Newburgh For $9 Million

The asset involved in this transaction is a development site located at 302 North Water Street in Newburgh, New York, covering an area of 6.75 acres. It was sold for $9,000,000, resulting in a price per acre of $1,333,333.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,000,000
• Address: 302 North Water Street
• Market: Newburgh, New York
• Acres: 6.75
• Price Per Acre: $1,333,333
• Buyer: Ted Doering - Mid-Hudson Film LLC
• Seller: William Kaplan & Jonathan Gastik
• Brokers: Erik Edeen & Will Suarez - Avison Young

In this transaction, the buyer is Ted Doering representing Mid-Hudson Film LLC, while the sellers include William Kaplan and Jonathan Gastik. The brokerage services were provided by Erik Edeen and Will Suarez from Avison Young, who facilitated the transaction between the parties involved.