Avdoo & Partners Development Acquires Development Site In Upper East Side For $52M With Brokers Elad Dror And Robert Knakal
New York
See Similar DealsAvdoo & Partners Development Acquires Development Site In Upper East Side For $52M With Brokers Elad Dror And Robert Knakal
1341 1347 2nd Avenue
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The asset involved in this transaction is a development site located at 1341-1347 2nd Avenue & 242 East 71st Street in the Upper East Side market. The sale price was recorded at $52,000,000, with a building square footage (BSF) of 100,417 and a price per building square foot (PPBSF) of $517. The site also has a total square footage (SF) of 41,580, equating to a price per square foot (PPSF) of $1,250.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $52,000,000
- BSF: 100,417
- PPBSF: $517
- SF: 41,580
- PPSF: $1,250
- Buyer: Avdoo & Partners Development
- Buyer's Representative: Elad Dror - PD Properties
- Seller's Representative: Robert Knakal - BK Real Estate Advisors
The key individuals involved in this transaction include Elad Dror, who represents Avdoo & Partners Development, and Robert Knakal, who represents the seller in the deal. Both representatives are affiliated with their respective agencies, facilitating the transaction between the buyer and seller.
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