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Roy Moussaieff Acquires Development Site In East Harlem For $4.02M

336 East 112th Street
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This Development Site property located in NY was sold for $4,018,000 about 3 years ago. The brokers of the deal were Josh Lipton and Andrew Levine

A development site located at 336 East 112th Street in East Harlem, was recently sold for a total price of $4,018,000. The property spans a lot size of 50 ft x 100.92 ft and has a total buildable square footage (BSF) of 20,184. The sale was facilitated by brokers Josh Lipton and Andrew Levine of Invictus Property Advisors. The buyer of the property is Roy Moussaieff, while the seller is Dana Lowey Luttway.

Summary of Transaction Details

  • Property Type: Development site
  • Transaction Amount: $4,018,000
  • Address: 336 East 112th Street
  • Market: East Harlem
  • Zoning: R7A
  • BSF: 20,184
  • Price per Buildable Square Foot (PPBSF): $199

This transaction highlights the successful acquisition of the development site by Roy Moussaieff from the seller, Dana Lowey Luttway. Brokers Josh Lipton and Andrew Levine from Invictus Property Advisors played a crucial role in facilitating the deal. The property's location in East Harlem, with its desirable zoning designation of R7A, presents significant opportunities for future development.

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Deals
  • Location
    336 East 112th Street, Manhattan, New York, NY, USA336 East 112th Street, Manhattan, New York, NY, USA
  • Sale Price
    $4,018,000$4,018,000
    $199 PPSF$199 PPSF
  • Area
    20,184 SF20,184 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Josh Lipton

Josh Lipton

Deals35
Sold$125.2M

Andrew Levine

Andrew Levine

Deals34
Sold$113.7M

Agency

Invictus

Invictus

Agency
Deals75
Volume$264.4M

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Deal Summary

SALE IMAGE: Josh Lipton & Andrew Levine DATE: 01/07/2021 ADDRESS: 336 East 112th Street MARKET: East Harlem ASSET TYPE: Development site ~ ZONING: R7A BUYER: Roy Moussaieff SELLER: Dana Lowey Luttway BROKERS: Josh Lipton & Andrew Levine - @InvictusPropertyAdvisors PRICE: $4,018,000 BSF: 20,184 ~ PPBSF: $199 LOT SIZE: 50 ft x 100.92 ft

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336 East 112th Street

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