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Josh Greenberg & Fred Rudd Acquire Mixed Use Property On UWS, New York For $8.75M

Property Image
SOLD
$8,750,000
Chris Varjan
Paul Smadbeck
+ 2

New York

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Mixed-use12,258 SF
Sold
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Property Image
SOLD

Josh Greenberg & Fred Rudd Acquire Mixed Use Property On UWS, New York For $8.75M

304 Columbus Avenue, New York, NY 10023

See Similar Deals
Mixed-use12,258 SF
Sold
Chris Varjan
Paul Smadbeck
+ 2
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$713
Total Square Footage:12258 SF
Transaction Type:Sale

Located at 304 Columbus Avenue in the Upper West Side of New York, this mixed-use property was recently sold. The transaction took place on October 24, 2018, and involved a sale price of $8,750,000. The property spans a total square footage of 12,258, resulting in a price per square foot of $713. The asset consists of 13 apartments and features a 26' wide structure that extends 90' deep.

Summary of transaction details

  • Property Type: Mixed Use
  • Transaction Amount: $8,750,000
  • Address: 304 Columbus Avenue
  • Market: UWS, New York

The sellers of the property were John Bradley and Mary Genett, while the buyers were Josh Greenberg and Fred Rudd. Representing the buyer in the deal were Vickram Jambu, Pascal Abitbol, and Chris Varjan from Lee & Associates NYC. On the other hand, Paul Smadbeck acted as the seller's representative. It's also worth noting that the cellar of the property is classified as a legal use group 6 (retail) on the Certificate of Occupancy and is set to be delivered vacant. The buyer has a lease in place for a laundromat tenant to occupy the cellar space. Additionally, out of the 13 apartments, 8 of them are FM.

Players

Chris Varjan
29 deals$469.3M volume(201) 615-8557
BROKER

Paul Smadbeck
JLL
36 deals$435.4M volume
BROKER

Vickram Jambu
JLL
27 deals$940.4M volume
BROKER

Josh Greenberg
Rudd Realty Management
5 deals$63.5M volume
BUYER

Fred Rudd
6 deals$79.5M volume
BUYER

Details

SOLD
IMAGE: Vickram Jambu, Fred Rudd, Paul Smadbeck and Josh Greenberg DATE: 10/24/2018 🎈 💥 🎂 ADDRESS: 304 Columbus Avenue MARKET: UWS, New York ASSET TYPE: Mixed Use SELLER: John Bradley & Mary Genett BUYER: Josh Greenberg (@joshgreenberg1) & Fred Rudd BROKERS: Vickram Jambu, Pascal Abitbol & Chris Varjan @leeassociatesnyc (Buyer) Paul Smadbeck (Seller) SALE PRICE: $8,750,000 SF: 12,258 ~ PPSF: $713 NOTES: 26’ wide, built 90' deep. Cellar is legal use group 6 (retail) on CofO and is to be delivered vacant. Buyer has lease in place for laundromat tenant to take cellar space. 8 of 13 apartments are FM.

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