SOLD
Yiannes Einhorn's Einhorn Development Group Acquires 1440 Amsterdam Ave In $7.9M Deal
1440 Amsterdam Avenue
Development Site
70,000 SF
70,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
70,000 sqft
Yiannes Einhorn of Einhorn Development Group has acquired a property located at 1440 Amsterdam Ave for $7.9M. The asset spans an area of 70k square feet, translating to a price per square foot of $112. The transaction took place on 06/13/18 at the intersection of 133rd Street and Amsterdam Avenue.
Summary of transaction details
- Property Type: Not specified
- Transaction Amount: $7.9M
- Address: 1440 Amsterdam Ave
- City: Not specified
The seller of the property was Athena Vrettos. The buyer, Yiannes Einhorn, was represented in the deal by the brokers Ryan Sabet, Vickram Jambu, and Chris Varjan from CPRE. The buyer's plans for the property include constructing a residential component spanning 50k square feet, as well as a retail and commercial space of 20k square feet at the base. The commercial space will be returned to the seller upon completion. It is important to note that Einhorn Development Group has no affiliation with "PAPI" or individuals David Einhorn and Yannie Einhorn.
Players
All
6
Agents
3
Agencies
3
Details
SOLD
IMAGE: Vickram “Vick” Jambu (@VickramJambu), Ryan Sabet (@RyanSabet), and Chris Varjan (@Cvar23)
DATE: 06/13/18
ADDRESS: 1440 Amsterdam Ave
CITY:
MARKET:
X STREETS: 133rd and Amsterdam
ASSET TYPE:
PRICE: $7.9M.9
SF: 70k
PPSF: $112
SELLER: Athena Vrettos
BUYER: Yiannes Einhorn, Einhorn Development Group
BROKERS: Ryan Sabet, Vickram Jambu & Chris Varjan - @VCPRE
PLANS: Buyer plans to build a 50K Resi component, and 20K SF of retail & CF portion at the base which will be delivered back to seller. EDG is not affiliated w/ “PAPI” @davideinhorn & @yannieinhorn.View on map
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Address1440 Amsterdam Avenue
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