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1487-1493 First Avenue

The Development Site property located in New York that spans 153,000 square feet sold for $73,500,000 or $480 PPSF. The deal closed 9 months and 2 days ago. The brokers of the deal were Robert (Bob) Knakal and Jonathan (Jon) Hageman

  • Location image 1493 1st Avenue, New York City, New York 10075, United States
  • Sold Value
    image $73,500,000
    image $480
  • Asset Type image Development Site
  • Area image 153,000 SF
  • Parties image2 Brokers,1 Agency
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Robert (Bob) Knakal icon

JLL
  • Deals 41
  • Volume $1,990,000,000
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Jonathan (Jon) Hageman icon

JLL
  • Deals 29
  • Volume $1,310,000,000
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JLL

Agency
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Comparables: 1487-1493 First Avenue

Showing 4 of 9

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Price Icon $68,325,000

  • StatusSOLD, $256 PPSF
  • Date07/20/22
  • Address24-19 Jackson Avenue, Queens, New York 11101, United States
  • Address24-19 Jackson...
  • AssetDEVELOPMENT SITE
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Price Icon $78,000,000

  • StatusSOLD, $249 PPSF
  • Date04/12/22
  • Address265 Cherry Street, New York City, New York 10002, United States
  • Address265 Cherry...
  • AssetDEVELOPMENT SITE
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Price Icon $74,700,000

  • StatusSOLD, $161 PPSF
  • Date12/21/21
  • Address325 Exterior Street, The Bronx, New York 10451, United States
  • Address325 Exterior...
  • AssetDEVELOPMENT SITE
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Price Icon $77,000,000

  • StatusSOLD, $INF PPSF
  • Date10/28/21
  • Address511 West 35th Street, New York, NY, USA
  • Address511 West...
  • AssetDEVELOPMENT SITE
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This Deal on Social

Text Content: img

SALE
IMAGE: Bob Knakal, Ron Zeff & John Hageman
DATE: 01/07/2022
ADDRESS: 1487-1493 First Avenue
MARKET: Upper East Side
ASSET TYPE: Development Site ~ ZONING: C2-8

BUYER: Carmel Partners – Ron Zeff
BROKERS: Bob Knakal & John Hageman – JLL

SALE PRICE: $73,500,000
BSF: 153,000 ~ PPBSF: $480

FAR: 3.11
TAX CLASS: 4

LOT SIZE: 2,550
PERMITS: Place of assembly (09/14/2004)
LOT DIMENSION: 25.5 ft x 100 ft

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Contact Robert (Bob) Knakal

As Chairman, NY Investment Sales with JLL Capital Markets, Bob co-leads the investment sales division in New York City. Bob...

Jonathan Hageman comes to JLL with over 16 years of experience in the NYC investment sales market. At JLL, Jon...

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Jonathan (Jon) Hageman
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