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140 Lexington Avenue
SOLD

Navnit Kumar Sells Development Site In Kips Bay, Manhattan For $7.1M

140 Lexington Avenue

Development Site
14,863 SF
clock iconSold 1 year ago
Michael Tortorici
Matthew (Matt) Gillis
Howard Raber
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Summary

Sale
NEW YORK
Development Site
14,863 sqft

140 Lexington Avenue, a development site located in Kips Bay, Manhattan, has been sold for $7,075,000. The transaction took place on June 10, 2022. This asset consists of a total of 14,863 square feet, with a price per buildable square foot (PPBSF) of $476.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $7,075,000
  • Address: 140 Lexington Avenue
  • Market: Kips Bay, Manhattan
  • Total Square Footage: 14,863
  • Price per Buildable Square Foot (PPBSF): $476

Navnit Kumar served as the seller in this transaction. The listing and representation on behalf of the seller were handled by Howard Raber, Michael Tortorici, and Matthew Gillis from Ariel Property Advisors.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Michael Tortorici's profile picture
Michael Tortorici
Ariel Property Advisors-image
Vice President, Founding Member
$297.2M Sold
Matthew (Matt) Gillis's profile picture
Howard Raber's profile picture

Details

Deal Summary
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SOLD
IMAGE: Howard Raber, Michael Tortorici & Matthew Gillis DATE: 06/10/2022 ADDRESS: 140 Lexington Avenue MARKET: Kips Bay, Manhattan ASSET TYPE: Development Site SELLER: Navnit Kumar BROKERS: Howard Raber, Michael Tortorici, Matthew Gillis (@MatthewLGillis) - Ariel Property Advisors (@ArielPA.NYC) SALE PRICE: $7,075,000 BSF: 14,863 ~ PPBSF: $476

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Address140 Lexington Avenue

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