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Development Site In Harlem Sold For $3.35M With Yoel Sarraf, Ryan Sabet & Vijay Komar

2262 Frederick Douglass Boulevard
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This Development Site property located in NY was sold for $3,350,000 over 2 years ago. The brokers of the deal were Vijay Komar, Yoel Sarraf, and Ryan Sabet

A development site located at 2262 Frederick Douglass Blvd in Harlem has been sold for a price of $3,350,000. The property, which is zoned as R8A and C2-4, is a development site with a lot size of 24.25 ft by 100 ft. The asking price for the property was $3,000,000, and it was sold for $3,350,000, indicating a successful negotiation. The building has a total square footage of 14,448, with a price per square foot of $231.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $3,350,000
  • Market: Harlem
  • Zoning: R8A, C2-4
  • Asking Price: $3,000,000
  • BSF: 14,448
  • PPBSF: $231
  • Lot Size: 24.25 ft x 100 ft

The sale of this development site was facilitated by Yoel Sarraf, Ryan Sabet, and Vijay Komar from VCPRE. They represented the sellers and successfully closed the deal at a price higher than the asking price. The involvement of these brokers highlights their expertise in the Harlem market and their ability to negotiate favorable transactions for their clients.

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  • Location
    2262 Frederick Douglass Boulevard, Harlem, New York, NY, USA2262 Frederick Douglass Boulevard, Harlem, New York, NY, USA
  • Sale Price
    $3,350,000$3,350,000
    $231 PPSF$231 PPSF
  • Area
    14,448 SF14,448 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Ryan Sabet

Ryan Sabet

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Sold$63.8M

Vijay Komar

Vijay Komar

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Sold$3.4M

Agency

Venture Capital Properties

Venture Capital Properties

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Volume$1.2B

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Deal Summary

SALE IMAGE: Yoel Sarraf, Ryan Sabet & Vijay Komar DATE: 07/30/2021 ADDRESS: 2262 Frederick Douglass Blvd. MARKET: Harlem ASSET TYPE: Development Site ~ ZONING: R8A, C2-4 BROKERS: Yoel Sarraf (@PicsByYoel), Ryan Sabet (@RyanASabet) & Vijay Komar @VCPRE ASKING PRICE: $3,000,000 SALE PRICE: $3,350,000 BSF: 14,448 ~ PPBSF: $231 LOT SIZE: 24.25 ft x 100 ft

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2262 Frederick Douglass Boulevard

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