Zohar Family Acquires Development Site At 132 West 130th Street From Gubitosi Family For $745,000

The property asset involved in the transaction is a development site located at 132 West 130th Street in the Harlem neighborhood of Manhattan. The total sale price for the site was $745,000, translating to a price per buildable square foot of $123.81, with a total size of 6,017 square feet. The property was delivered vacant.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $745,000
• Address: 132 West 130th Street
• Market: Harlem, Manhattan
• Buyer: Zohar Family
• Seller: Gubitosi Family
• Buyer's Representative: Mark Akilov - Asset CRG Advisors
• Seller's Representative: Sadya Liberow - Asset CRG Advisors
• BSF: 6,017
• PPBSF: $123.81

The transaction was facilitated by Asset CRG Advisors, with Mark Akilov and Sadya Liberow representing the buyer and seller, respectively. Asset CRG Advisors is actively marketing several other development sites in the vicinity, offering opportunities for potential buyers and sellers to engage in further transactions.