SOLD
Beitel Group Acquires Development Site In Mott Haven, Bronx For $9.06M
261 Grand Concourse
Development Site
55,307 SF
55,307 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
55,307 sqft
The development site located at 261 Grand Concourse in Mott Haven, Bronx, was sold in a closed transaction. The buyer, Beitel Group, represented by Ben Beitel, acquired the property from the sellers, Joe McGirl and Gerry O’Donoughe. The deal was facilitated by Karl Brumback and Eric Tiefen from JLL. The sale price for the property was $9,060,000, with a building square footage (BSF) of 55,307. The price per BSF (PPBSF) was $164.
Summary of transaction details:
- Property Type: Development site
- Transaction Amount: $9,060,000
- Address: 261 Grand Concourse
- Market: Mott Haven, Bronx
The key individuals involved in this transaction were Ben Beitel as the representative of Beitel Group, and Joe McGirl and Gerry O’Donoughe as the sellers. Karl Brumback and Eric Tiefen, both from JLL, acted as the brokers in this deal.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: IMAGE: @EricTiefen & Karl Brumback
DATE: 08/13/2020
ADDRESS: 261 Grand Concourse
MARKET: Mott Haven, Bronx
ASSET TYPE: Development site
BUYER: Beitel Group – Ben Beitel
SELLER: Joe McGirl & Gerry O’Donoughe
BROKERS: Karl Brumback & Eric Tiefen – JLL
SALE PRICE: $9,060,000
BSF: 55,307 PPBSF: $164View on map
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Address261 Grand Concourse
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