New York City School Construction Authority Acquires Mixed-Use Property In Inwood For $23.6M

The mixed-use property located at 3761 & 3769 10th Avenue in Inwood has been sold in a closed transaction. The property is zoned as M1-4/R9A, allowing for a variety of uses. The transaction involved the sale of the property to the New York City School Construction Authority for a price of $23,600,000. The property has a total building square footage (BSF) of 55,420 and a total square footage (SF) of 15,512.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $23,600,000
• Address: 3761 & 3769 10th Avenue, Inwood
• Market: Inwood
• Zoning: M1-4/R9A
• Buyer: New York City School Construction Authority - Lorraine Grillo
• Seller: Paul Gagliardi
• BSF: 55,420
• SF: 15,512

The buyer in this transaction is the New York City School Construction Authority, represented by Lorraine Grillo. The seller of the property is Paul Gagliardi. The transaction marks the sale of a significant mixed-use property in the Inwood market.