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Jamestown Acquires Office-and-Retail Building In Bronx For $115M

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SOLD

New York

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Office276,622 SF
Sold 12/18/2017
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SOLD

Jamestown Acquires Office-and-Retail Building In Bronx For $115M

260 E 161 St, The Bronx, NY 10451, USA

See Similar Deals
Office276,622 SF
Sold 12/18/2017
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:276,622 SF
Transaction Type:Sale

The office-and-retail building located at 260 East 161st Street in New York's Bronx market has been sold for a price of $115,000,000. The property spans a total of 276,622 square feet and was sold at a price per square foot of $415. The seller of the property was Acadia Realty Trust, represented by Kenneth Bernstein, while the buyer was Jamestown, represented by Michael Phillips.

Summary of transaction details:

  • Property Type: Office-and-Retail Building
  • Transaction Amount: $115,000,000
  • Address: 260 East 161st Street
  • City: New York
  • Market: Bronx

Acadia Realty Trust, helmed by Kenneth Bernstein, was the seller of the property. On the other hand, Jamestown, represented by Michael Phillips, acted as the buyer in this deal.

Players

BROKERAGE

8 deals$386M volume
SELLER

Details

SOLD
IMAGE: 12/18/17 ADDRESS: 260 East 161st Street CITY: New York MARKET: Bronx ASSET TYPE: Office-and-Retail Building PRICE: $115,000,000 SF: 276,622 sf PPSF: $415 SELLER: Acadia Realty Trust – Kenneth Bernstein BUYER: Jamestown – Michael Phillips

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