SOLD
Lightstone Group Acquires Lower East Side Dev. Site For $57M From Seller Emmut Properties And Brokers Friedman Roth
151-153 Bowery & 331-337 Broome Street
Development Site
75,000 SF
75,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
75,000 sqft
A development site located at 151-153 Bowery and 331-337 Broome Street in the Lower East Side has been sold for a price of $57,000,000. The property consists of approximately 75,000 square feet, with a price per buildable square foot of $760. The seller of the site was Emmut Properties, and the buyer was Lightstone Group.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $57,000,000
- Address: 151-153 Bowery and 331-337 Broome Street
- Market: Lower East Side
- Buildable Square Footage: 75,000
- Price Per Buildable Square Foot: $760
The transaction was facilitated by brokers Richard Guarino and Marc Hershberg from Friedman Roth. They represented both the buyer, Lightstone Group, and the seller, Emmut Properties.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Richard Guarino, David Licthenstein and Marc Hershberg
DATE: 12/04/2018
ADDRESS: 151-153 Bowery and 331-337 Broome Street
MARKET: Lower East Side
ASSET TYPE: Dev. Site
PRICE: $57,000,000
BSF: 75,000 ~ PPBSF: $760
SELLER: Emmut Properties
BUYER: Lightstone Group
BROKERS: Richard Guarino & Marc Hershberg - Friedman RothView on map
Loading...
Address151-153 Bowery & 331-337 Broome Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want