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57 Alexander Street

The Development Site property located in New York that spans 300,000 square feet sold for $23,000,000 or $77 PPSF. The deal closed 32 months and 14 days ago. The brokers of the deal were Al Mirin, DJ Johnston, Brian Whitmer and Bill Eisenhut

  • Location image 57 Alexander Street, Yonkers, NY, USA
  • Sold Value
    image $23,000,000
    image $77
  • Asset Type image Development Site
  • Area image 300,000 SF
  • Parties image4 Brokers,2 Agencies
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Al Mirin

Cushman & Wakefield
  • Deals 2
  • Volume $43,000,000
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DJ Johnston icon

B6 Real Estate Advisors
  • Deals 53
  • Volume $341,240,000
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Brian Whitmer

Cushman & Wakefield
  • Deals 14
  • Volume $765,560,000
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Bill Eisenhut

Cushman & Wakefield
  • Deals 2
  • Volume $24,980,000
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Comparables: 57 Alexander Street

Showing 4 of 17

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Price Icon $20,000,000

  • StatusSOLD, $363 PPSF
  • Date06/22/22
  • Address83 Wythe Avenue, Brooklyn, New York 11249, United States
  • Address83 Wythe...
  • AssetDEVELOPMENT SITE
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Price Icon $19,865,703

  • StatusSOLD, $135 PPSF
  • Date06/30/22
  • Address119-17 Union Turnpike, Queens, New York 11375, United States
  • Address119-17 Union...
  • AssetDEVELOPMENT SITE
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Price Icon $21,400,000

  • StatusSOLD, $289 PPSF
  • Date06/22/22
  • Address6201 6th Avenue, Brooklyn, New York 11220, United States
  • Address6201 6th...
  • AssetDEVELOPMENT SITE
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Price Icon $25,000,000

  • StatusSOLD, $82 PPSF
  • Date06/07/22
  • Address147-28 Jamaica Ave, Queens, NY 11435, USA
  • Address147-28 Jamaica...
  • AssetDEVELOPMENT SITE
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This Deal on Social

SALE
IMAGE: Bill Eisenhut, DJ Johnston & Brian Whitmer
DATE: 12/06/2019
ADDRESS: 57 Alexander Street
MARKET: Yonkers
ASSET TYPE: Development Site

SELLER: Altman Family
BUYER: Rose Associates
SELLER’S REP: DJ Johnston – B6 Real Estate, Bill Eisenhut, Brian Whitmer, and Al Mirin – Cushman Wakefield

ASKING PRICE: $25,000,000
SALE PRICE: $23,000,000
BSF: 300,000 ~ PPBSF: $75
UNITS: 440

NOTE: Rose Associates is responsible for development of the seven-story building, where 75 percent of the units will be studio and one-bedroom apartments. Ten percent of units will debut as affordable homes. In addition to residential area, the project will include 443 parking spaces and 25,000 square feet of open space including a landscaped public esplanade with access to the Hudson River waterfront and unobstructed views of the Palisades.

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SALE
IMAGE: Bill Eisenhut, DJ Johnston & Brian Whitmer
DATE: 12/06/2019
ADDRESS: 57 Alexander Street
MARKET: Yonkers
ASSET TYPE: Development Site

SELLER: Altman Family
BUYER: Rose Associates
SELLER’S REP: DJ Johnston – B6 Real Estate, Bill Eisenhut, Brian Whitmer, and Al Mirin – Cushman Wakefield

ASKING PRICE: $25,000,000
SALE PRICE: $23,000,000
BSF: 300,000 ~ PPBSF: $75
UNITS: 440

NOTE: Rose Associates is responsible for development of the seven-story building, where 75 percent of the units will be studio and one-bedroom apartments. Ten percent of units will debut as affordable homes. In addition to residential area, the project will include 443 parking spaces and 25,000 square feet of open space including a landscaped public esplanade with access to the Hudson River waterfront and unobstructed views of the Palisades.

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Contact Al Mirin

  Al Mirin, considered one of the most accomplished commercial real estate professionals in Fairfield and Westchester Counties, is an...

Mr. Johnston is a Partner, Senior Managing Directors at B6 Real Estate Advisors, where he oversees investment sales in Brooklyn’s...

Brian Whitmer serves as Executive Director of the Metropolitan Area Capital Markets Group in Cushman & Wakefield’s East Rutherford, New...

Bill Eisenhut is a Director in the New York Middle Markets Investment Sales Group of Cushman & Wakefield, where he...

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