Roger Bittenbender Of Arcus Development Acquires Industrial Building From Walter & Samuels In East Village For $14M

The industrial building at 220 East 9th Street in East Village, Manhattan has been sold for $14,000,000. The property spans 22,460 square feet, equating to a price per square foot of $623. The buyer, Roger Bittenbender of Arcus Development, operating through Astor Nine LLC, acquired the asset from the seller, David I. Berley of Walter & Samuels' Penber 9th Street Garage LLC, making it Walter & Samuels' second sale this month.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $14,000,000
• BSF: 31,496
• PPBSF: $445
• SF: 22,460
• PPSF: $623
• Address: 220 East 9th Street
• Market: East Village, Manhattan

Roger Bittenbender, representing Arcus Development, managed the acquisition of the industrial property. The seller, David I. Berley, was represented by Walter & Samuels in the transaction, solidifying the deal between the two parties.