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Denholtz Properties & Investcorp Acquire Industrial Property In Nyack For $52M

250 West Nyack
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This Industrial property located in NY was sold for $52,000,000 over 2 years ago. The brokers of the deal were Nick Stefans, Tyler Peck, Marc Duval, Jose Cruz, Jordan Avanzato, and Andrew Scandalios

Denholtz Properties & Investcorp have acquired an industrial property located at 250 West Nyack in Nyack. The transaction took place on December 3, 2021, with Turnbridge Equities as the seller. The property spans 241,696 square feet and is situated in the Nyack market. The sale price amounted to $52,000,000, resulting in a price per square foot of $215.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $52,000,000
  • Address: 250 West Nyack
  • Market: Nyack

The deal was facilitated by JLL, with Jordan Avanzato, Marc Duval, Nick Stefans, Tyler Peck, Jose Cruz, and Andrew Scandalios representing both the buyer and the seller. Denholtz Properties & Investcorp enlisted the services of Jordan Avanzato, Marc Duval, Nick Stefans, Tyler Peck, Jose Cruz, and Andrew Scandalios from JLL to navigate the transaction.

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Deals
  • Location
    250 West Street, Nyack, NY, USA250 West Street, Nyack, NY, USA
  • Sale Price
    $52,000,000$52,000,000
    $215 PPSF$215 PPSF
  • Area
    241,696 SF241,696 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    6 Brokers, 1 Agency6 Brokers, 1 Agency

Agents

Nick Stefans

Nick Stefans

Deals19
Sold$1.1B

Tyler Peck

Tyler Peck

Deals15
Financed$1.3B

Marc Duval

Marc Duval

Deals43
Sold$2.2B

Jordan Avanzato

Jordan Avanzato

Deals44
Sold$2.2B

Andrew Scandalios

Andrew Scandalios

Deals43
Financed$6.8B

Jose Cruz

Jose Cruz

Deals66
Financed$5.6B

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: Tyler Peck, Marc Duval, Jordan Avanzato, Nick Stefans, Jose Cruz & Andrew Scandalios DATE: 12/03/2021 ADDRESS: 250 West Nyack MARKET: Nyack ASSET TYPE: Industrial BUYER: Denholtz Properties & Investcorp SELLER: Turnbridge Equities BROKERS: Jordan Avanzato (@JordAvz7), Marc Duval, Nick Stefans, Tyler Peck, Jose Cruz & Andrew Scandalios - JLL (@JLL) SALE PRICE: $52,000,000 SF: 241,696 ~ PPSF: $215

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250 West Nyack

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