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

Property Image
SOLD
$14,000,000

New York

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Industrial22,460 SF
Sold 03/01/2024
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Property Image
SOLD

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

220 East 9th Street

See Similar Deals
Industrial22,460 SF
Sold 03/01/2024

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$623
Total Square Footage:22,460 SF
Transaction Type:Sale

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.

Details

SOLD
IMAGE: David I. Berley DATE: 03/01/2024 ADDRESS: 220 East 9th Street MARKET: East Village, Manhattan ASSET TYPE: Industrial BUYER: Roger Bittenbender - Arcus Development SELLER: David I. Berley - Walter & Samuels SALE PRICE: $14,000,000 BSF: 31,496 ~ PPBSF: $445 SF: 22,460 ~ PPSF: $623 NOTE: Arcus Development, operating through Astor Nine LLC, acquired the industrial building at 220 East 9th Street in East Village, Manhattan, from Walter & Samuels' Penber 9th Street Garage LLC for $14 million, marking Walter & Samuels' second sale this month.

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