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

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.