InSite Property Group Acquires Ground Lease On Upper East Side For $19.75M
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This Development Site property located in NY was sold for $19,750,000 about 3 years ago. The brokers of the deal were Steve Mellon, Steven Rutman, Rob Hinckley, and Jeffrey (Jeff) Julien
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- Location424 East 90th Street, Manhattan, New York, NY, USA
- Sale Price$19,750,000$680 PPSF
- Area29,004 SF
- Asset TypeDevelopment Site
- Parties4 Brokers, 1 Agency
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Deal Summary
GROUND LEASE
IMAGE: Jeff Julien, Steven Rutman, Rob Hinckley & Steve Mellon
DATE: 03/02/2021
ADDRESS: 424 East 90th Street
MARKET: Upper East Side
ASSET TYPE: Development Site ~ ZONING: C8-4
BUYER: InSite Property Group
SELLER: Parkland Management
BROKERS: Steven Rutman, Rob Hinckley, Jeff Julien & Steve Mellon - JLL
PRICE: $19,750,000
BSF: 72,500 ~ PPBSF: $272
SF: 29,004 ~ PPSF: $680
LOT SIZE: 144 ft x 100.71 ft (14,502 SF
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424 East 90th Street
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