SOLD
Chetrit Group & JDS Development Group Acquire Two Bridges Dev. Site For $100M
265 South Street
Development Site
297,063 SF
297,063 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
297,063 sqft
The Chetrit Group and JDS Development Group have purchased a development site at 265 South Street in the Two Bridges neighborhood. The property, with a total of 1,300 units, was sold for a price of $100,000,000. The sellers were CIM Group and L+M Development Partners.
Summary of transaction details
- Property Type: Dev. Site
- Transaction Amount: $100,000,000
- Address: 265 South Street
- Market: Two Bridges
- Number of Units: 1,300
The deal was facilitated by brokers Adam Spies, Josh King, Dan O'Brien, Marcella Fasulo, Doug Harmon, and Eric Roth of Cushman & Wakefield.
Players
All
8
Agents
6
Agencies
2
Details
SOLD
IMAGE: Adam Spies, Dan O'Brien, Michael Stern, Doug Harmon, Joseph Chetrit, Josh King, Marcella Fasulo & Eric Roth
DATE: 11/19/2021
ADDRESS: 265 South Street
MARKET: Two Bridges
ASSET TYPE: Dev. Site ~ UNITS: 1,300
BUYER: The Chetrit Group & JDS Development Group
SELLER: CIM Group & L+M Development Partners
BROKERS: Adam Spies, Josh King, Dan O'Brien, Marcella Fasulo, Doug Harmon & Eric Roth- Cushman & Wakefield
SALE PRICE: $100,000,000View on map
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Address265 South Street
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