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David Levitan Of Liberty One Group Acquires Hotel From Lymaris Albors Of Acacia Network For $9.5M

Property Image
SOLD
$9,500,000

New York

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Hotel23,674 SF
Sold 10/31/2024
the dealdetailscomps
Property Image
SOLD

David Levitan Of Liberty One Group Acquires Hotel From Lymaris Albors Of Acacia Network For $9.5M

980 Prospect Avenue

See Similar Deals
Hotel23,674 SF
Sold 10/31/2024
the dealdetailscomps

Summary

NEW YORK
Asset Type:Hotel
Price Per Square Foot:$401
Total Square Footage:23,674 SF
Transaction Type:Sale

The property involved in this transaction is a homeless shelter located at 980 Prospect Avenue, Longwood, Bronx. The shelter spans 23,674 square feet and was sold for $9,500,000, resulting in a price per square foot of $401.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $9,500,000
  • Address: 980 Prospect Avenue
  • Market: Longwood, Bronx
  • Square Footage: 23,674
  • Price per Square Foot: $401
  • Buyer: David Levitan - Liberty One Group
  • Seller: Lymaris Albors - Acacia Network
  • Date of Transaction: October 31, 2024

This transaction featured David Levitan representing Liberty One Group as the buyer, while Lymaris Albors represented Acacia Network as the seller in the deal. The acquisition of the property reflects a strategic move within the market for homeless shelters.

Details

SOLD
IMAGE: Lymaris Albors DATE: 10/31/2024 ADDRESS: 980 Prospect Avenue MARKET: Longwood, Bronx ASSET TYPE: Hotel BUYER: David Levitan - Liberty One Group SELLER: Lymaris Albors - Acacia Network (@AcaciaNetwork) SALE PRICE: $9,500,000 SF: 23,674 ~ PPSF: $401 NOTE: Liberty One Group acquired a 23,674-square-foot homeless shelter at 980 Prospect Ave, Bronx, for $9.5 million from Acacia Network on October 31, 2024.

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