Ari Weber, Yigal Niasoff & Menachem Schechter Acquire Development Site In Philadelphia For $15M

The development site located at 1706, 1708, and 1710 Walnut Street in Philadelphia, PA has been sold in a closed transaction. The property consists of an assemblage of three separate parcels and offers significant potential for development.

Summary of transaction details

• Property Type: Development Site
• Sale Price: $15,000,000
• Building Square Footage: 250,000
• Price per Square Foot: $60
• Address: 1706, 1708 & 1710 Walnut Street, Philadelphia, PA
• Market: Philadelphia, PA

Ari Weber, Yigal Niasoff, and Menachem Schechter have purchased the property from Joan Kreistein. These buyers successfully completed the transaction, showcasing their interest and commitment to further developing the site.

If you would like more information about this transaction or have any deals to offer, you can reach out to Ari Weber from Brookliv.com. His email address is [email protected].