SOLD
Heritage Equity Partners Acquires Warehouse In Mott Haven, Bronx For $10M
286 Rider Avenue
Other
20,555 SF
20,555 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Other
20,555 sqft
A warehouse located at 286 Rider Avenue in Mott Haven, Bronx has been sold in a closed transaction. The property, measuring 20,555 square feet, was sold for a price of $10,000,000, resulting in a price per square foot of $486. The building's total square footage is 100,000, leading to a price per buildable square foot of $100. The property is planned to be developed into 150 units.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $10,000,000
- Address: 286 Rider Avenue
- Market: Mott Haven, Bronx
The buyer of the property is Heritage Equity Partners, represented by Toby Moskovits and Michael Lichtenstein. The seller is Robert Newblatt. The transaction was facilitated by Capital Property Partners, with Daniel Rahmani serving as the broker.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Daniel Rahmani, @TobyMoskovits, Michael Lichtenstein & Michael Saidian (@SaidCity)
DATE: 09/23/2019
ADDRESS: 286 Rider Avenue
MARKET: Mott Haven, Bronx
ASSET TYPE: Warehouse
BUYER: Heritage Equity Partners – @TobyMoskovits & Michael Lichtenstein
SELLER: Robert Newblatt
BROKER: Capital Property Partners (@CPPREOfficial) – Daniel […]
PRICE: $10,000,000
SF: 20,555 PPSF: $486
BSF: 100,000 PPBSF: $100
PLANS: 150 UnitsView on map
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Address286 Rider Avenue
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