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West 165th/166th

The Development Site property located in New York that spans 205,444 square feet sold for $21,000,000 or $102 PPSF. The deal closed 45 months and 6 days ago. The brokers of the deal were Victor Sozio, Michael Tortorici and Matthew (Matt) Gillis

  • Location image West 165th Street, New York, NY 10032
  • Sold Value
    image $21,000,000 
    image $102
  • Asset Type image Development Site
  • Area image 205,444 SF
  • Parties image3 Brokers,1 Agency
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Victor Sozio

Ariel Property Advisors
  • Deals 47
  • Volume $902,570,000
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Michael Tortorici

Ariel Property Advisors
  • Deals 17
  • Volume $203,080,000
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Matthew (Matt) Gillis

Ariel Property Advisors
  • Deals 16
  • Volume $153,630,000
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Comparables: West 165th/166th

Showing 4 of 14

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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 $19,800,000

  • StatusSOLD, $280 PPSF
  • Date05/13/22
  • Address159 3rd Avenue, Brooklyn, New York 11217, United States
  • Address159 3rd...
  • AssetDEVELOPMENT SITE
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Price Icon $18,050,000

  • StatusSOLD, $394 PPSF
  • Date03/04/22
  • Address2335 12th Avenue, New York City, New York 10027, United States
  • Address2335 12th...
  • AssetDEVELOPMENT SITE
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Price Icon $19,000,000

  • StatusSOLD, $388 PPSF
  • Date02/17/22
  • Address537 West 59th Street, New York City, New York 10019, United States
  • Address537 West...
  • AssetDEVELOPMENT SITE
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This Deal on Social

SALE
IMAGE: Ari Sherizen, Victor Sozio, Michael A. Tortorici and Matthew L. Gillis
DATE: 09/27/2018
ADDRESS: West 165th/166th
MARKET: Northern Manhattan, New York
ASSET TYPE: Street block-through Assemblage Dev. Site

SALE PRICE: $21,000,000
BSF: 205,444 SF ~ PPBSF: $176

SELLER: Sand Realty Group
BUYER: Edge Property Group led by Ari Sherizen
BROKER: @ArielPA.NYC – Victor Sozio, Michael A. Tortorici and Matthew L. Gillis

NOTES: R7-2 zoning allows for approximately 119,370 buildable square feet Community facility bonus increasing tally to 205,444 buildable square feet.

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SALE
IMAGE: Ari Sherizen, Victor Sozio, Michael A. Tortorici and Matthew L. Gillis
DATE: 09/27/2018
ADDRESS: West 165th/166th
MARKET: Northern Manhattan, New York
ASSET TYPE: Street block-through Assemblage Dev. Site

SALE PRICE: $21,000,000
BSF: 205,444 SF ~ PPBSF: $176

SELLER: Sand Realty Group
BUYER: Edge Property Group led by Ari Sherizen
BROKER: @ArielPA.NYC – Victor Sozio, Michael A. Tortorici and Matthew L. Gillis

NOTES: R7-2 zoning allows for approximately 119,370 buildable square feet Community facility bonus increasing tally to 205,444 buildable square feet.

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Contact Victor Sozio

Victor Sozio is one of the Founding Members of Ariel Property Advisors. Serving the company as Executive Vice President in...

Michael A. Tortorici is one of the Founding Members of Ariel Property Advisors. Serving the company as Executive Vice President...

Matthew L. Gillis is an Investment Sales Professional at Ariel Property Advisors. In addition to originating and executing exclusive listing...

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