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Lee Cohen Acquires Bay Harbor Islands Development Site For $2.2M

1055 93rd Street
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This Development Site property located in FL was sold for $2,226,000 almost 2 years ago. The brokers of the deal were Joel Lusky and Zalmy Shapiro

A development site located at 1055 93rd St in Bay Harbor Islands has been sold in a recent transaction. The property was purchased by Lee Cohen, represented by RedHoek+Partners, for a total sale price of $2,226,000. The site has a building square footage (BSF) of 29,000 and a price per BSF of $77. The total square footage (SF) of the property is 11,250, with a price per SF of $198.

Summary of Transaction Details:

  • Property Type: Development Site
  • Transaction Amount: $2,226,000
  • Buyer: Lee Cohen - RedHoek+Partners
  • Seller: Marc Ma
  • Brokers: Joel Lusky & Zalmy Shapiro - The Brokerage
  • Address: 1055 93rd St, Bay Harbor Islands
  • Market: Bay Harbor Islands
  • BSF: 29,000
  • PPBSF: $77
  • SF: 11,250
  • PPSF: $198

The deal was facilitated by Joel Lusky and Zalmy Shapiro from The Brokerage, who represented both the buyer and the seller in the transaction. The sale of this development site marks a significant transaction in the Bay Harbor Islands market, showcasing the continuous growth and investment opportunities in the area.

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Deals
  • Location
    1055 93rd Street, Bay Harbor Islands, Florida 33154, United States1055 93rd Street, Bay Harbor Islands, Florida 33154, United States
  • Sale Price
    $2,226,000$2,226,000
    $197 PPSF$197 PPSF
  • Area
    11,250 SF11,250 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Joel Lusky

Joel Lusky

Deals24
Sold$139.9M

Agency

The Brokerage South Florida Real Estate

The Brokerage South Florida Real Estate

Agency
Deals47
Volume$265.3M

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Deal Summary

SALE IMAGE: Lee Cohen, Joel Lusky & Zalmy Shapiro DATE: 06/22/2022 ADDRESS: 1055 93rd St MARKET: Bay Harbor Islands ASSET TYPE: Development Site BUYER: Lee Cohen (@TheLeeCohen) - RedHoek+Partners (@RedHoek) SELLER: Marc Ma BROKERS: Joel Lusky (@JoelLusky) & Zalmy Shapiro (@Zalmy_Shapiro) - The Brokerage (@TheBrokerage_RE) SALE PRICE: $2,226,000 BSF: 29,000 ~ PPBSF: $77 SF: 11,250 ~ PPSF: $198

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1055 93rd Street

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