SOLD
Mark Edelstien Acquires Development/Multi Family Property In Bronx For $1,190,000
1775 - 1777 Weeks Avenue
MultiFamily
30,500 SF
30,500 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
30,500 sqft
The property at 1775-1777 Weeks Ave, New York, located in the Bronx, was recently sold in a transaction that involved the development of a multi-family asset. The sale took place on August 15, 2018, and was facilitated by Gabi Peretz and Danny Laniado from Really NY LLC, representing the buyers. The sellers of the property were Angel Riverra and Folger Property Corp.
Summary of transaction details:
- Property Type: Development / Multi Family
- Transaction Amount: $1,190,000
- Address: 1775-1777 Weeks Ave, New York
- Market: Bronx
Mark Edelstein was the buyer in this transaction. The property consists of a total of 30,500 square feet, with a combined lot size of 55x95. The price per square foot was $39, and there are a total of 7 units in the property, resulting in an average price per unit of $170,000. Gabi Peretz and Danny Laniado of Really NY LLC were successful in convincing both sellers to agree to the sale, allowing for the combination of the lots into the 30,500 square foot property.
Players
All
2
Agents
2
Details
SOLD
IMAGE: Gabi Peretz and Danny Laniado
DATE: 8/15/18
ADDRESS: 1775 - 1777 Weeks Ave
CITY: New York
MARKET: Bronx
ASSET TYPE: Development / Multi Family
SELLER’S: Angel Riverra / Folger Property Corp
BUYER: Mark Edelstien
BROKER: Gabi Peretz & Danny Laniado of Really NY LLC
PRICE: $1,190,000
BSF: 30,500 SF ( 55x95 combined ) ~ PPBSF:$39
UNITS: 7 ~ PPU: $170,000
NOTES: Dannny laniado & Gabi Peretz were successfully able to get both sellers to agree to sell making the lots combined 30,500 NSF.View on map
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Address1775 - 1777 Weeks Avenue
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