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Hidrock Properties Acquires Development Site At 72 Nassau Street For $36M

72 Nassau Street
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This Development Site property located in NY was sold for $36,000,000 over 4 years ago. The broker of the deal was Kevin Donner

The development site located at 72 Nassau Street in the Financial District has been sold for a total price of $36,000,000. The property has a total buildable square footage (BSF) of 121,275, with a price per buildable square footage (PPBSF) of $296.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $36,000,000
  • BSF: 121,275
  • PPBSF: $296
  • Seller: Charles Gengler – GALB Realty
  • Buyer: Hidrock Properties – Jack A. Hidary, Abraham J. Hidary, Eddie J. Hidary, Steven Hidary, David Huke, and Kevin Donner

The buyer, Hidrock Properties, is represented by Jack A. Hidary, Abraham J. Hidary, Eddie J. Hidary, Steven Hidary, David Huke, and Kevin Donner. On the other hand, the seller, Charles Gengler, is associated with GALB Realty.

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Deals
  • Location
    72 Nassau St, New York, NY 10038, USA72 Nassau St, New York, NY 10038, USA
  • Sale Price
    $36,000,000$36,000,000
    $29 PPSF$29 PPSF
  • Area
    1,212,750 SF1,212,750 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Kevin Donner

Kevin Donner

Deals36
Financed$7.8B

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Deal Summary

IMAGE: Jack Hidary, Abraham Hidary, Eddie Hidary, Steven Hidary, David Huke & Kevin Donner DATE: 12/04/2019 ADDRESS: 72 Nassau Street MARKET: Financial District ASSET TYPE: Development Site SALE PRICE: $36,000,000 BSF: 121,275 PPBSF: $296 SELLER: Charles Gengler – GALB Realty BUYER: Hidrock Properties – Jack A. Hidary, Abraham J. Hidary, Eddie J. Hidary, Steven […]

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72 Nassau Street

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