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Domain Companies Acquires Industrial Property In Mott Haven For $12.23M

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SOLD
$12,230,000

New York

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Industrial69,832 SF
Sold 12/31/2020
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SOLD

Domain Companies Acquires Industrial Property In Mott Haven For $12.23M

444 Gerard Avenue, West Bronx, The Bronx, NY, USA

See Similar Deals
Industrial69,832 SF
Sold 12/31/2020
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$175
Total Square Footage:69,832 SF
Transaction Type:Sale

The industrial property located at 444 Gerard Avenue in Mott Haven was recently sold for a price of $12,230,000. The property has a total square footage of 69,832, with a price per square foot of $175. It features a lot size of 100.17 ft x 118.08 ft and falls under the zoning categories of M1-4/R8A and MX-13. The sale took place on December 31, 2020, with the buyer being Domain Companies, represented by Matthew Schwartz, and the seller being Douglas Halman.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $12,230,000
  • Address: 444 Gerard Avenue
  • Market: Mott Haven
  • Zoning: M1-4/R8A, MX-13

Matthew Schwartz, representing Domain Companies, played a key role as the buyer in this transaction. On the other hand, Douglas Halman acted as the seller. The property had undergone full demolition permits in August 2020.

Players

8 deals$802.5M volume
BUYER

Details

SOLD
IMAGE: Matthew Schwartz DATE: 12/31/2020 ADDRESS: 444 Gerard Avenue MARKET: Mott Haven ASSET TYPE: Industrial ~ ZONING: M1-4/R8A, MX-13 BUYER: Domain Companies - Matthew Schwartz SELLER: Douglas Halman PRICE: $12,230,000 BSF: 69,832 ~ PPBSF: $175 PERMITS: Full demolition (08/2020) LOT SIZE: 100.17 ft x 118.08 ft

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