CIM Group Acquires Development Site In Gramercy For $12M | 343 East 17th Street | Lipa Lieberman, David Schechtman, Abie Kassin | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

249,230 sqft

A development site located at 343 East 17th Street in the Gramercy market has been sold in a closed transaction for $12,000,000. The property spans a total of 24,923 square feet and has a price per square foot of $481. The buyer in this transaction was CIM Group, while the seller was Minrav Development.

Summary of transaction details

Property Type: Development site
Transaction Amount: $12,000,000
Address: 343 East 17th Street
Market: Gramercy
BSF: 24,923
PPBSF: $481

Lipa Lieberman, David Schectman, and Abie Kassin served as the brokers in this deal, representing the respective parties involved.

Players

All
4

Agents
3
Agencies
1

Lipa Lieberman

Managing Director

$743.6M Sold

David Schechtman

Senior Executive Managing Director

$1.4B Sold

Abie Kassin

Director

$1.5B Sold

Details

Deal Summary

SOLD

IMAGE: Shaul Kuba, Lior Carucci, Avi Shemesh, Yehuda Mor, David Schechtman & Lipa Lieberman DATE: 02/05/2020 ADDRESS: 343 East 17th Street MARKET: Gramercy ASSET TYPE: Development site PRICE: $12,000,000 BSF: 24,923 PPBSF: $481 BUYER: @CIMGroup SELLER: Minrav Development BROKERS: Lipa Lieberman, David Schectman & Abie Kassin

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Address343 East 17th Street

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