DH Property Holdings Acquires Development Site In Staten Island For $65M | 1900 South Avenue | TJ Sullivan, Sridhar Vankayala, Chuck Kohaut, John Alascio, Emily Johansen | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

1,426,035 sqft

A development site located at 1900 South Avenue in Staten Island has been sold for $65,000,000. The property covers an area of 4.3 acres and is zoned as M3-1. The transaction took place on January 5, 2021.

Summary of transation details

Property Type: Development site
Transaction Amount: $65,000,000
Address: 1900 South Avenue
Market: Staten Island
Zoning: M3-1

The buyer of the property is DH Property Holdings, represented by Dov Hertz. The sellers are Robert & Neil Vanderbilt. The deal was facilitated by brokers John Alascio, Sri Vankayala, Chuck Kohaut, TJ Sullivan, and Emily Johansen from Cushman & Wakefield.

Players

All
6

Agents
5
Agencies
1

$188.3M Sold

$85M Sold

Director, Equity, Debt, & Structured Finance

$188.3M Sold

John Alascio

Executive Managing Director

$206.3M Sold

Emily Johansen

Associate

$297M Sold

Cushman & Wakefield

Details

Deal Summary

SOLD

IMAGE: Chuck Kohaut, John Alascio, Dov Hertz, TJ Sullivan & Emily Johansen DATE: 01/05/2021 ADDRESS: 1900 South Avenue MARKET: Staten Island ASSET TYPE: Development site ~ ZONING: M3-1 BUYER: DH Property Holdings - Dov Hertz SELLER: Robert & Neil Vanderbilt BROKERS: John Alascio, Sri Vankayala, Chuck Kohaut, TJ Sullivan & Emily Johansen - Cushman & Wakefield PRICE: $65,000,000 ACRES: 4.3

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Address1900 South Avenue

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