3059 Valentine Ave & 234 E 204th Street
9-18-20 | $1,990,000 | 32,059 BSF
3059 Valentine Ave & 234 E 204th St is a 47-unit corner development site with 2 adjacent buildings in the Norwood section of the Bronx. The purchase price of $1,990,000 equated to $62 per buildable square foot.
Broker(s): Steven Westreich
1008 Ogden Avenue
8-31-20 | $575,000 | 10,750 BSF
1008 Ogden Avenue is a 16 unit development site on a vacant 25 x 127.17 lot in the Highbridge section of the Bronx. The purchase price of $575,000 equated to $53 per buildable square foot.
Broker(s): Ari Benyacov, Menachem Babayov
4058 Bronx Boulevard
5-20-20 | $800,000 | 16,800 BSF
4058 Bronx Boulevard is a 24-unit development site in the Wakefield section of the Bronx. The purchase price of $800,000 equated to $48 per buildable square foot.
Broker(s): Steven Westreich, Menachem Babayov
369 East 159th Street
2-28-20 | $470,000 | 8,720 BSF
369 East 159th Street is a development site in the Melrose section of the Bronx. The purchase price of $470,000 equated to $54 per buildable square foot.
Broker(s): Steven Westreich, Isaac Shrem
813 Elsmere Place
2-19-20 | $410,000 | 8,600 BSF
813 Elsmere Place is a development site on a 25 x 100 lot in the Tremont section of the Bronx. The purchase price of $410,000 equated to $48 per buildable square foot.
1369 Leland Avenue
2-12-20 | $865,000 | 13,311 BSF
1369 Leland Avenue is a 20 unit corner development site in the Parkchester section of the Bronx. The purchase price of $865,000 equated to $65 per buildable square foot.
Broker(s): Steven Westreich, Abe Jemal
2067 Honeywell Avenue
2-11-20 | $750,000 | 14,011 BSF
2067 Honeywell Avenue is a development site in the West Farms section of the Bronx. The purchase price of $750,000 equated to $54 per buildable square foot.
Broker(s): Steven Westreich, Menachem Babayov
3602 Holland Avenue
2-7-20 | $1,193,000 | 13,556 BSF
3602 Holland Avenue is a 20 unit corner development site in the Williamsbridge section of the Bronx. The purchase price of $1,193,000 equated to $88 per buildable square foot.
Broker(s): Steven Westreich, Menachem Babayov
39-26 62nd Street
2-6-20 | $4,850,000 | 26 Units
39-26 62nd Street is a 5-story walk-up building in Woodside, Queens. The property contains 26 rent-stabilized apartments, spanning over 17,000 square feet. The purchase price of $4,850,000 equated to $186,538 per unit.
Broker(s): Alexandra Rossland, Jonathan Bichoupan
1230 College Avenue
2-3-20 | $400,000 | 6,880 BSF
1230 College Avenue is a development site in the Concourse Village section of the Bronx. The purchase price of $400,000 equated to $58 per buildable square foot.
Broker(s): Steven Westreich
710 East 221st Street
1-31-20 | $350,000 | 6,000 BSF
710 East 221st Street is an 8-unit development site with approved plans in Williamsbridge, Bronx. The purchase price of $350,000 equated to $58 per buildable square foot.
Broker(s): Menachem Babayov, Eli Greenberg
3546 Bronx Boulevard
1-22-20 | $680,000 | 7 Units
3546 Bronx Boulevard is a 3-story multifamily building in the Olinville section of the Bronx. The building spans 4,560 square feet and contains 7 apartments. The purchase price of $680,000 equated to $149 per square foot.
Broker(s): Steven Westreich
2793 Webb Avenue
1-21-20 | $750,000 | 12,369 BSF
2793 Webb Avenue is a development site in the Kingsbridge section of the Bronx. The purchase price of $750,000 equated to $60 per buildable square foot.
Broker(s): Steven Westreich, Isaac Shrem
2412 Webster Avenue
1-16-20 | $1,400,000 | 8 Units
2412 Webster Avenue is a 4-story multifamily building in the Fordham section of the Bronx. The building spans 9,240 square feet and contains 8 apartments. The purchase price of $1,400,000 equated to $152 per square foot.
Broker(s): Steven Westreich
3826 Pratt Avenue
1-8-20 | $675,000 | 5 Units
Built 25 ft x 83 ft, 3826 Pratt Avenue is a 5-family building in the Edenwald section of the Bronx. The purchase price of $675,000 equated to $162 per square foot.
Broker(s): Steven Westreich, Menachem Babayov
1241 Findlay Avenue
9-27-19 | $750,000 | 4 Units
Built 20 ft x 60 ft, 1241 Findlay Avenue is a vacant 4-family brick building spanning 2,985 SF. The purchase price of $750,000 equated to $251 per SF.
Broker(s): Steven Westreich, Eli Greenberg
1531 Nelson Avenue
9-27-19 | $245,000 | 8,284 BSF
1531 Nelson Avenue is a development site in the Morris Heights section of the Bronx. The purchase price of $245,000 equated to $29 per buildable square foot.
Broker(s): Steven Westreich
300 East 176th Street
9-24-19 | $610,000 | 3 Units
Built 20 ft x 55 ft, 300 East 176th Street is a 3-family corner building spanning 2,200 SF. The purchase price of $610,000 equated to $277 per square foot.
Broker(s): Menachem Babayov
2128 Valentine Avenue
9-5-19 | $450,000 | 10,000 BSF
2128 Valentine Avenue is a development site in the Fordham section of the Bronx. The purchase price of $450,000 equated to $45 per buildable square foot.
Broker(s): Steven Westreich
2086-2092 Valentine Avenue
9-3-19 | $1,900,000 | 31,461 BSF
2086-2092 Valentine Avenue is a development site consisting of 4 adjacent vacant lots in the Fordham section of the Bronx. The proposed development will contain 26,859 square feet of residential space with 43 units. There will also be 4,602 square feet of community facility space. The purchase price of $1,900,000 equated to $60 per buildable square foot.
Broker(s): Isaac Shrem
2021 Arthur Avenue
8-12-19 | $1,250,000 | 14,000 BSF
2021 Arthur Avenue is a corner development site in the Tremont section of the Bronx. The purchase price of $1,250,000 equated to $89 per buildable square foot.
Broker(s): Steven Westreich
2307 Prospect Avenue
7-26-19 | $875,000 | 4 Units
Built 25 ft x 50 ft, 2307 Prospect Avenue is a 4-family building that will be converted into an 8-family. With the building spanning 2,380 SF, the purchase price of $875,000 equated to $368 per square foot.
Broker(s): Steven Westreich, Eli Greenberg
458 Cyrus Place
7-23-19 | $875,000 | 15,000 BSF
458 Cyrus Place is a vacant land development site in the Belmont section of the Bronx. The purchase price of $825,000 equated to $55 per buildable square foot.
Broker(s): Isaac Shrem, Steven Westreich
1538 Nelson Avenue
7-22-19 | $605,000 | 2 Units
Built 25 ft x 65 ft, 1538 Nelson Avenue is a 2-family building with a doctor’s office. The building spans 4,375 SF and is delivered vacant. The purchase price of $605,000 equated to $138 per SF.
Broker(s): Steven Westreich, Eli Greenberg, Jonathan Bichoupan
1010 Gates Avenue
6-25-19 | $2,650,000 | 12,716 BSF
1010 Gates Avenue is a 19 unit development site in the Stuyvesant Heights section of Brooklyn. The purchase price of $2,650,000 equated to $208 per buildable square foot.
Broker(s): Ari Benyacov
461-463 East 186th Street
6-12-19 | $900,000 | 15,000 BSF
461-463 East 186th Street is a 50 ft x 100 ft R6A development site in the Belmont section of the Bronx. The purchase price of $900,000 equated to $60 per buildable square foot.
Broker(s): Steven Westreich, Isaac Shrem
55 Clifford Place
6-12-19 | $680,000 | 2 Units
55 Clifford Place is a 2-family building on a 26 ft x 100 R8 lot. Built 21.5 ft x 64 ft, the building spans 2,688 square feet and there are proposed plans to reposition the property into 16 units. The purchase price of $680,000 equated to $253 per square foot.
Broker(s): Steven Westreich, Eli Greenberg
2109 Tiebout Avenue
6-11-19 | $585,000 | 9,986 BSF
2109 Tiebout Avenue is a 2-family development site in the Fordham section of the Bronx. The purchase price of $585,000 equated to $59 per buildable square foot. The buyer plans on adding 2 floors and converting the building to 11 units.
Broker(s): Menachem Babayov, Jonathan Bichoupan
2044 Bergen Street
5-30-19 | $2,100,000 | 16 Units
Built 40 ft x 89 ft, 2044 Bergen Street is a 4-story multifamily building spanning 14,240 SF. The purchase price of $2,100,000 equated to $147 per SF.
Broker(s): Alexandra Rossland, Ari Benyacov
2411 Crotona Avenue
5-30-19 | $810,000 | 4 Units
Built 25 ft x 67 ft, 2411 Crotona Avenue is a 2-story multifamily building spanning 3,350 SF. The purchase price of $810,000 equated to $242 per SF.
Broker(s): Eli Greenberg, Menachem Babayov
2678 Briggs Avenue
5-10-19 | $660,000 | 3 Units
Built 19 ft x 46 ft, 2678 Briggs Avenue is a 3-family frame building spanning 2,800 SF. The purchase price of $660,000 equated to $235 per SF.
Broker(s): Eli Greenberg, Steven Westreich
191-193 Veronica Place
5-8-19 | $2,270,000 | 17,649 BSF
191-193 Veronica Place is a development site in the Flatbush section of Brooklyn. The purchase price of $2,270,000 equated to $128 per buildable square foot.
Broker(s): Steven Westreich, Ari Benyacov
1015 Atlantic Avenue
4-3-19 | $8,000,000 | 28,752 BSF
1015 Atlantic Avenue is a corner lot gas station in the Clinton Hill section of Brooklyn. The purchase price of $8,000,000 equated to $278 per buildable square foot.
Broker(s): Ari Benyacov
1845 Andrews Avenue
4-1-19 | $600,000 | 2 Units
Built 23 ft x 68 ft, 1845 Andrews Avenue is a 2-family brick building spanning 4,187 SF. The purchase price of $600,000 equated to $143 per SF.
Broker(s): Eli Greenberg
29 Clinton Place
3-18-19 | $1,000,000 | 17,200 BSF
29 Clinton Place is a corner development site in the University Heights section of the Bronx. The purchase price of $1,000,000 equated to $58 per buildable square foot.
Broker(s): Steven Westreich
744 East 215th Street
2-28-19 | $600,000 | 11,500 BSF
744 East 215th Street is a development site in the Williamsbridge section of the Bronx. The purchase price of $600,000 equated to $52 per buildable square foot.
Broker(s): Steven Westreich, Ari Benyacov
2072-2074 Anthony Avenue
2-14-19 | $1,600,000 | 31,093 BSF
2072-2074 Anthony Avenue is a development site on 2 lots in the Norwood section of the Bronx. The purchase price of $1,600,000 equated to $51 per buildable square foot.
Broker(s): Steven Westreich, Abe Jemal
4204 Barnes Avenue
2-7-19 | $750,000 | 6 Units
Built 20 ft x 74 ft, 4204 Barnes Avenue spans 5,080 SF and contains 4 apartments and 2 stores. The purchase price of $750,000 equated to $125,000 per unit.
Broker(s): Steven Westreich
201 East 164th Street
1-15-19 | $23,800,000 | 131 Units
Built 227 ft x 180 ft, 201 East 164th Street spans 135,202 SF and contains 129 apartments, 1 super’s unit, and 1 store. The purchase price of $23,800,000 equated to $181,679 per unit.
Broker(s): Ari Benyacov
1760 Boone Avenue
12-11-18 | $82,000,000 | 68,000 BSF
Westbridge arranged a 99-year ground lease at 1760 Boone Avenue in the Claremont section of the Bronx. The corner property has development potential of approximately 68,000 buildable SF.
Broker(s): Steven Westreich, Isaac Shrem
3008 Perry Avenue
12-11-18 | $1,060,000 | 22,500 BSF
3008 Perry Avenue is a development site on a 56.25 ft x 123.33 ft corner lot in the Norwood section of the Bronx. The purchase price of $1,060,000 equated to $47 per buildable square foot.
Broker(s): Steven Westreich, Ari Benyacov
2008-2010 Walton Avenue
12-6-18 | $1,650,000 | 30,100 BSF
2008-2010 Walton Avenue is a development site on a 50 ft x 100 ft lot in the Mount Hope section of the Bronx. The purchase price of $1,650,000 equated to $55 per buildable square foot.
Broker(s): Ari Benyacov
4656 Park Avenue
12-6-18 | $900,000 | 15,000 BSF
Built 50 ft x 100 ft, 4656 Park Avenue is a development site in the Belmont section of the Bronx. The purchase price of $900,000 equated to $60 per buildable square foot.
Broker(s): Steven Westreich
2732, 2736, 2738 Creston Avenue
12-5-18 | $2,795,000 | 44,120 BSF
2732, 2736, 2738 Creston Avenue is a development site on a 75 ft x 100 ft lot in the Fordham section of the Bronx. The purchase price of $2,795,000 equated to $63 per buildable square foot.
Broker(s): Steven Westreich
772 Lincoln Place
12-4-18 | $999,000 | 2 Units
Built 20 ft x 50 ft, 772 Lincoln Place is a 2-family brick building spanning 1,888 SF. The purchase price of $999,000 equated to $529 per SF.
Broker(s): Ari Benyacov
802 Howard Avenue
11-28-18 | $550,000 | 5,500 BSF
802 Howard Avenue is a development site on a 25 ft x 100 ft lot in Brownsville, Brooklyn. The purchase price of $550,000 equates to $100 per buildable square foot. The site was delivered with approved plans for a 6 story building with a community facility and 10 apartments.
Broker(s): Steven Westreich
861 Freeman Street
11-27-18 | $640,000 | 3 Units
Built 25 ft x 54 ft, 861 Freeman Street spans 3,930 SF and contains 2 apartments and 1 store, totaling 3 units. The purchase price of $640,000 equated to $213,333 per unit or $162 per SF.
Broker(s): Steven Westreich
234 East 204th Street
11-20-18 | $1,150,000 | 8 Units
Built 50 ft x 40 ft, 234 East 204th Street spans 4,350 SF and contains 6 apartments and 2 stores, totaling 8 units. The purchase price of $1,150,000 equated to $143,750 per unit or $264 per SF.
Broker(s): Steven Westreich
1323 Inwood Avenue
10-9-18 | $1,100,000 | 6 Units
Built 27 ft x 56 ft, 1323 Inwood Avenue spans 4,536 SF and contains 6 apartment units. The purchase price of $1,100,000 equated to $183,333 per unit or $243 per SF. The property was fully occupied at closing.
Broker(s): Steven Westreich, Ari Benyacov
2140 Honeywell Avenue
10-11-18 | $925,000 | 21,000 BSF
2140 Honeywell Avenue is a development site comprised of 4 lots totaling 5,720 square feet in the West Farms section of the Bronx. The purchase price of $925,000 equated to $44 per buildable square foot.
Broker(s): Steven Westreich
2026-2028 Walton Avenue
9-4-18 | $1,450,000 | 30,100 BSF
2026-2028 Walton Avenue is a development site comprised of 2 lots totaling 50 ft x 100 ft in the Tremont section of the Bronx. The purchase price of $1,450,000 equated to $48 per buildable square foot.
Broker(s): Ari Benyacov
1736 Van Buren Street
8-23-18 | $700,000 | 3 Units
Built 21 ft x 52 ft, 1736 Van Buren Street spans 3,546 SF and contains 3 apartment units. The purchase price of $700,000 equated to $233,333 per unit.
Broker(s): Steven Westreich
727 East 215th Street
8-23-18 | $350,000 | 3 Units
Built 23 ft x 40 ft, 727 East 215th Street spans 2,760 SF and contains 2 apartments and 1 store. The purchase price of $350,000 equated to $116,666 per unit.
Broker(s): Steven Westreich
936 East 224th Street
8-23-18 | $750,000 | 4 Units
Built 22.5 ft x 78 ft, 936 East 224th Street spans 3,510 SF and contains 4 apartment units. The purchase price of $750,000 equated to $187,500 per unit.
Broker(s): Steven Westreich
4541 Carpenter Avenue
8-23-18 | $700,000 | 4 Units
Built 20 ft x 80 ft, 4541 Carpenter Avenue spans 3,200 SF and contains 4 apartment units. The purchase price of $700,000 equated to $175,000 per unit.
Broker(s): Steven Westreich
2655 Briggs Avenue
8-9-18 | $620,000 | 3 Units
Constructed in 2004 and built 20 ft x 45 ft, 2655 Briggs Avenue spans 2,871 SF and contains 3 apartment units. The purchase price of $620,000 equated to $206,667 per unit.
Broker(s): Isaac Shrem
4566 Richardson Avenue
8-7-18 | $800,000 | 5 Units
Built 32 ft x 50 ft, 4566 Richardson Avenue spans 3,200 SF and contains 5 apartment units. The purchase price of $800,000 equated to $160,000 per unit.
Broker(s): Steven Westreich
3836 Carpenter Avenue
7-13-18 | $875,000 | 15,750 BSF
3836 Carpenter Avenue is a development site on a 50 ft x 105 ft lot in the Williamsbridge section of the Bronx. The purchase price of $875,000 equates to $55 per buildable square foot.
Broker(s): Steven Westreich, Isaac Shrem
1916 Longfellow Avenue
6-28-18 | $850,000 | 17,728 BSF
1916 Longfellow Avenue is a development site on an E-designated 31 ft x 95 ft lot in West Farms, Bronx. Site plan to include 31 affordable units. The purchase price of $850,000 equates to $48 per buildable square foot.
Broker(s): Isaac Shrem
746 East 215th Street
6-20-18 | $685,000 | 5 Units
Built 20 ft x 68 ft, 746 East 215th Street spans 4,080 SF and contains 4 apartment units and 1 store. The purchase price of $685,000 equated to $137,000 per unit.
Broker(s): Steven Westreich
1081 Teller Avenue
6-12-18 | $1,300,000 | 8 Units
Built 33 ft x 68 ft, 1081 Teller Avenue contains 8 apartment units spanning 7,692 SF. The purchase price of $1,300,000 equated to $169 per SF.
Broker(s): Steven Westreich
411 Grand Avenue
6-8-18 | $2,900,000 | 9 Units
Built 25 ft x 70 ft, 411 Grand Avenue contains 9 apartment units spanning 7,100 SF. The purchase price of $2,900,000 equated to $408 per SF.
1240 Evergreen Avenue
6-5-18 | $650,000 | 4 Units
Built 21 ft x 62 ft, 1240 Evergreen Avenue contains 4 apartment units spanning 3,255 SF. The purchase price of $650,000 equated to $199 per SF.
Broker(s): Steven Westreich, Ari Benyacov
1075 Utica Avenue
5-31-18 | $760,000 | 4 Units
Built 20 ft x 68 ft, 1075 Utica Avenue contains 3 apartments and one retail unit spanning 2,320 SF. The purchase price of $760,000 equated to $327 per SF.
Broker(s): Steven Westreich, Adam Traub
1122-1126 Lafayette Avenue
5-29-18 | $3,050,000 | 13,200 BSF
1122-1126 Lafayette Avenue is a development site on a 60 ft x 100 ft lot in Bushwick, Brooklyn. The purchase price of $3,050,000 equates to $231 per buildable square foot.
627-629 Faile Street
5-23-18 | $665,000 | 11,000 BSF
627-629 Faile Street is a development site on a 50 ft x 100 ft lot in Hunts Point, Bronx. The purchase price of $665,000 equates to $60 per buildable square foot.
1431 Vyse Avenue
5-23-18 | $360,000 | 8,600 BSF
1431 Vyse Avenue is a development site on a 25 ft x 100 ft lot in Claremont Village, Bronx. The purchase price of $360,000 equates to $41 per buildable square foot.
Broker(s): Steven Westreich
570 Evergreen Avenue
5-9-18 | $3,425,000 | 6 Units
Built 25 ft x 60 ft, 570 Evergreen Avenue contains 6 apartments spanning 4,500 SF. The purchase price of $3,425,000 equated to $570,833 per unit.
Broker(s): Steven Westreich
327 Hancock Street
4-30-18 | $1,175,000| 3 Units
Built 18 ft x 45 ft, 327 Hancock Street is a brownstone containing 3 apartments spanning 3,250 SF. The purchase price of $1,175,000 equated to $362 per SF.
Broker(s): Ari Benyacov
58 Palmetto Street
4-24-18 | $3,750,000 | 18,500 BSF
795 East 161st Street is a development site on a vacant 75 ft x 100 ft lot in Bushwick, Brooklyn. The purchase price of $3,750,000 equates to $202 per buildable square foot.
795 East 161st Street
4-20-18 | $195,000 | 4,253 BSF
795 East 161st Street is a development site on a vacant 19 ft x 100 ft lot in Woodstock, Bronx. The purchase price of $195,000 equates to $45 per buildable square foot.
638 Manida Street
4-17-18 | $525,000 | 4 Units
Built 21 ft x 68 ft, 638 Manida Street contains 4 apartments spanning 2,856 SF. The purchase price of $525,000 equated to $183 per SF.
Broker(s): Steven Westreich, Ari Benyacov
1312 Bushwick Avenue
4-9-18 | $815,000 | 2 Units
Built 20 ft x 43 ft, 1312 Bushwick Avenue contains 2 apartments spanning 2,580 SF. The purchase price of $815,000 equated to $316 per SF.
Broker(s): Ari Benyacov, Isaac Shrem
1126 Forest Avenue
3-29-18 | $562,500 | 3 Units
Built 19 ft x 50 ft, 1126 Forest Avenue contains 3 apartments spanning 2,850 SF. The purchase price of $562,500 equated to $187,500 per unit.
Broker(s): Steven Westreich, Adam Traub
4061 Hill Avenue
3-29-18 | $450,000 | 3 Units
Built 20 ft x 53 ft, 4061 Hill Avenue contains 3 apartments spanning 1,336 SF. The purchase price of $450,000 equated to $336 per SF.
Broker(s): Steven Westreich
824 East 232nd Street
3-26-18 | $587,500 | 5 Units
Built 22 ft x 75 ft, 824 East 232nd Street contains 5 apartments spanning 4,950 SF. The purchase price of $587,500 equated to $117,500 per unit.
Broker(s): Steven Westreich, Ariel Benyacov
1167 Vyse Avenue
3-15-18 | $295,000 | 6,880 BSF
1167 Vyse Avenue is a development site on a vacant 20 ft x 100 ft lot in Fairmont - Claremont Village, Bronx. The purchase price of $295,000 equates to $43 per buildable square foot.
20-35 Gates Avenue
3-14-18 | $2,275,000 | 6 Units
Built 27 ft x 68 ft, 27-35 Gates Avenue contains 6 apartments spanning 10,490 SF. The purchase price of $2,275,000 equated to $379,000 per unit.
Broker(s): Adam Traub, Isaac Shrem
1125 Findlay Avenue
1-31-18 | $1,900,000 | 11 Units
Built 36 ft x 68 ft, 1125 Findlay Avenue contains 11 apartments spanning 10,490 SF. The purchase price of $1,900,000 equated to $172,727 per unit.
Broker(s): Steven Westreich, Isaac Shrem
3215 Clarendon Road
12-18-17 | $800,000 | 3 Units
Built 20 ft x 50 ft, 3215 Clarendon Road is a vacant 3-family house in Flatbush. The purchase price of $800,000 equates to $246 per square foot.
Broker(s): Isaac Shrem, Ari Benyacov
966-972 Woodycrest Avenue
12-14-17 | $2,200,000 | 43,000 BSF
966-972 Woodycrest Avenue are 2 contiguous properties on a combined 125 x 100 ft development lot in the High Bridge section of the Bronx. The property contains 43,000 SF of development potential. The closing price of $2,200,000 equated to $51 per buildable square foot.
Broker(s): Steven Westreich, Ari Benyacov
225 Wyckoff Street
12-12-17 | $1,575,000 | 2 Units
Built 16 ft x 34 ft, 225 Wyckoff Street is a vacant 2-family house in the heart of Boerum Hill. The developer plans to convert the building into a luxury townhouse. The purchase price of $1,575,000 equates to $888 per square foot.
321 West 136th Street
11-30-17 | $3,525,000 | 11,347 BSF
321 West 136th Street is a development site on a 25 ft x 100 ft lot in Harlem, NY. The site was purchased with approved plans to build up to 11,347 square feet. The purchase price of $3,525,000 equates to $310 per buildable square foot.
Broker(s): Steven Westreich
668 Nostrand Avenue
11-30-17 | $1,400,000 | 7,500 BSF
668 Nostrand Avenue is a development site on a vacant 25 ft x 100 ft lot in Crown Heights, Brooklyn. The purchase price of $1,400,000 equates to $186 per buildable square foot.
100 Covert Street & 73 Schaefer Street
11-22-17 | $2,350,000 | 11 Units
100 Covert Street contains 4 apartments & 1 store on the ground floor, spanning 3,960 square feet. The property is built 22 x 60 feet, and was delivered vacant at closing.
73 Schaefer Street contains 6 apartments, is occupied, and in the AEP program. The property is built 25 x 65 feet, spanning a total of 4,875 square feet.
Based on the total aggregate closing price of $2,350,000, the sale equated to $265 per square foot, and $195,833 per unit.
Broker(s): Steven Westreich
1757 Seward Avenue
11-22-17 | $775,000 | 5 Units
Built 20 ft x 67 ft, 1757 Seward Avenue contains 5 apartments spanning 3,550 SF. The purchase price of $775,000 equated to $155,000 per unit.
Broker(s): Steven Westreich, Adam Traub
459 Quincy Street
10-31-17 | $1,500,000 | 7,500 BSF
459 Quincy Street is a development site on a 37.5 ft x 100 ft lot in Bedford-Stuyvesant, NY. The lot contains 7,5000 buildable square feet. The purchase price of $1,500,000 equates to $200 per buildable square foot.
2439 Jerome Avenue
10-2-17 | $1,400,000 | 7,698 SF | 7 Units
2439 Jerome Avenue is a four-story, 7,698 SF, mixed-use building in University Heights, steps from the Fordham road subway station which services the 4 train. The building contains 6 three-bedroom apartments as well as 1 ground floor retail store, occupied by H&R Block.
The purchase price of $1,400,000 equated to 9.2x the rent roll, $181 per square foot, $175,000 per unit, and a 7.1% cap rate.
Broker(s): Steven Westreich
187 Cook Street
9-29-17 | $1,300,000 | 26,600 BSF
The sale of 187 Cook Street was a leased fee transaction, which involved the sale of a 99 year ground lease on the property. The property is a 133 ft x 100 SF lot, with total development potential of 26,600 BSF. The property is ideally suited to be constructed into a commercial office building. Westbridge Realty Group was the sole broker involved in this off-market transaction.
1647 8th Avenue
9-27-17 | $2,200,000 | 4,000 SF | 6 Units
Built 20 ft x 82 ft, 1647 8th Avenue contains 6 apartments spanning 4,000 SF. The purchase price of $2,200,000 equated to $550 per square foot. The property was delivered vacant at closing.
Broker(s): Ari Benyacov
68 Woodruff Avenue
9-13-17 | $2,025,000 | 4,400 SF
68 Woodruff Avenue is a 3-story, 3-unit building spanning 4,400 SF, with 2,000 SF of unused air rights. The purchase price of $2,025,000 equated to $456 per existing SF and $314 per buildable SF. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Broker(s): Eli Greenberg
363 East 197th Street
8-2-17 | $630,000 | 18,306 BSF | 3 Units
363 E 197th Street contains 18,306 square feet of development potential. The purchase price of $630,000 equated to $35 per buildable square foot per unit. Additionally, there is a 3-family building on the lot, built 24 ft x 65 ft, spanning 5,220 SF. Westbridge Realty Group was the sole broker involved in this off-market transaction.
Broker(s): Steven Westreich
268 Fountain Avenue
7-17-17 | $1,880,000 | 9,450 SF | 13 Units
Built 35 ft x 90 ft, 268 Fountain Avenue contains 13 apartments spanning 9,450 SF. The purchase price of $1,880,00 equated to $144,000 per unit.
Broker(s): Steven Westreich
119 Ralph Avenue
6-27-17 | $1,425,000 | 4,400 SF | 7 Units
Built 20 ft x 55 ft, 119 Ralph Avenue contains 7 apartments spanning 4,400 SF. The purchase price of $1,425,000 equated to $323 per square foot. The property was delivered vacant at closing.
Broker(s): Ari Benyacov
Acropolis Cooperative Package
06-12-17 | $3,000,000 | 30 Units
The Acropolis Package consisted of 30 rent-control and rent stabilized units at the Acropolis Complex in Astoria, Queens. The bulk package of "unsold" co-ops was sold for $3,000,000, equating to $100,000 per unit.. This transaction marks the 2nd portfolio Westbridge has sold in the Acropolis complex. Westbridge Realty Group was the only broker involved in this off-market transaction.
Broker(s): Steven Westreich
1249 Dekalb Avenue
4-28-17 | $925,000 | 4,950 BSF
1249 Dekalb Avenue is a 25 x 91.67 foot lot in Bushwick, containing 4,950 buildable square feet of development potential. The purchase price of $925,000 equated to $186 per buildable square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Broker(s): Isaac Shrem
66 Steuben Street
3-31-17 | $1,735,000 | 4,125 SF | 6 Units
Built 25 ft x 55 ft, 66 Steuben Street contains 6 apartments spanning 4,125 SF. The purchase price of $1,735,000 equated to $420 per square foot. Westbridge Realty Group was exclusively retained to handle the sale of 66 Steuben Street, and was the sole broker involved in the transaction.
Broker(s): Steven Westreich
417 Grand Avenue
3-21-17 | $3,500,000 | 7,000 SF
Built 25 x 70 feet, 417 Grand Avenue contains 2 apartments spanning 7,000 square feet. The purchase price of $3,500,000 equated to $500 per square foot. Westbridge Realty Group was the sole broker involved in this off-market transaction. The property was delivered vacant at closing.
Broker(s): Hen Vaknin
184 East 111th Street
2-8-17 | $1,369,500 | 3,128 SF | 4 Units
Built 17 x 46 feet, 184 East 111th Street contains 4 apartments spanning 3,128 square feet. The purchase price of $1,369,500 equated to $437 per square foot. Westbridge Realty Group was the sole broker involved in this off-market transaction.
Broker(s): Hen Vaknin
2128 Westchester Avenue
1-2-17 | $1,000,000 | 9,600 SF
Built 36 x 154.18, 2128 Westchester Avenue spans 9,600 square feet. The purchase price of $1,000,000 equated to $104 per square foot. The property was delivered fully vacant. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Broker(s): Steven Westreich
61 Troutman Street
12-21-16 | $1,270,000 | 5,500 BSF
61 Troutman Street is a 25 x 100 foot lot in Bushwick, containing 5,500 buildable square feet of development potential. The purchase price of $1,270,000 equated to $230 per buildable square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
1915 Anthony Avenue
12-8-16 | $575,000 | 4,832 SF | 3 Units
Built 22 x 58 feet, 1915 Anthony Avenue contains 2 apartments and 1 retail unit spanning 4,832 square feet. The purchase price of $575,000 equated to $119 per square foot. Westbridge Realty Group was the sole broker involved in this off-market transaction.
Broker(s): Steven Westreich, Isaac Shrem
2240 Pacific Street
12-7-16 | $1,200,000 | 5,280 SF | 6 Units
Built 22 x 80 feet, 2240 Pacific Street contains 6 apartments spanning 5,280 square feet. The purchase price of $1,200,000 equated to $227 per square foot. Westbridge Realty Group was the sole broker involved in this off-market transaction.
Broker(s): Steven Westreich, Isaac Shrem
260 Schenectady Avenue
11-15-16 | $2,100,000 | 9,744 SF | 8 Units
Built 28.5 x 87, 260 Schenectady Avenue spans 9,744 square feet and contains 8 apartment units. The purchase price of $2,100,000 equated to $215 per square foot. The property was delivered with six vacancies at closing.
Broker(s): Steven Westreich
116 Thomas S. Boyland Street
11-9-16 | $1,210,000 | 4,040 SF | 5 Units
Built 20 x 90 on the ground floor, and 20 x 56 feet on the upper floors, 116 Thomas S. Boyland Street spans 4,040 square feet and contains 2 apartments & 3 stores. The purchase price of $1,210,000 equated to $300 per square foot. The property was delivered vacant at closing.
Broker(s): Steven Westreich
1705, 1707 & 1725 Putnam Avenue
10-6-16 | $5,500,000 | 16,900 SF | 23 Units
This three building package contains a total of 23 apartment units. The purchase price of $5,500,000 equated to $343 per square foot and $252,174 per unit. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Broker(s): Steven Westreich
1214-1216 Greene Avenue
10-10-16 | $1,375,000 | 7,040 BSF
1214-1216 Greene Avenue is a 32 x 100 foot lot in Bushwick, containing 7,040 square feet of development potential. The purchase price of $1,375,000 equated to $195 per buildable square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
107 Cornelia Street
10-6-16 | $1,600,000 | 4,500 SF | 6 Units
Built 25 x 60 feet, 107 Cornelia Street contains 4,500 square feet contains six 2-bedroom apartment units. The purchase price of $1,600,000 equated to $355 per square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Broker(s): Steven Westreich
361 Miller Avenue
09-6-16 | $3,100,000 | 16,720 SF | 20 Units
Built 50 x 83.67 feet, 361 Miller Avenue contains 20 apartments spanning 16,720 square feet. The purchase price of $3,100,00 equated to $185 per square foot and 9.5x rent roll. Westbridge Realty Group was exclusively retained to handle this sale.
Broker(s): Steven Westreich, Isaac Shrem
906-908 Bergen Street
7-15-16 | $4,250,000 | 16,600 BSF
The sale of 906-908 Bergen Street consisted of two adjacent lots comprising of 16,600 square feet of development potential in Prospect Heights. The purchase price of $4,250,000 equated to $256 per buildable square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
440 St. Marks Avenue
07-25-16 | $1,400,000 | 1,875 SF | 2 Units
Built 18.75 x 50 feet, 440 St. Marks Avenue contains 1,875 square feet with the potential to add two floors with available air rights. The purchase price of $1,400,000 equated to $747 per existing square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
203 Hull Street
07-20-16 | $1,230,000 | 5,850 SF | 6 Units
The property consists of 6 rent-stabilized apartments, is built extra wide for a 6-family, as the property dimensions are 30 feet x 65 feet. The purchase price of $1,230,000 equates to $205,000 per unit and $210 per square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Broker(s): Steven Westreich
982 Willoughby Avenue
07-18-16 | $1,530,000 | 6,987 BSF
982 Willoughby is a 33 x 95 foot lot in prime Bushwick, containing 6,897 square feet of development potential. The purchase price of $1,530,000 equated to $222 per buildable square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
1378 Decatur Street
06-28-16 | $1,005,000 | 5,540 SF | 6 Units
1378 Decatur Street consists of 6-unit, rent stabilized apartment building in Bushwick. The property was sold for $167.5K per unit, and 19x the in-place rent roll. Westbridge Realty Group was the sole broker involved in the off-market transaction, and arranged a 2 week closing, time of the essence.
Broker(s): Steven Westreich, Adam Traub
66 Maujer Street
06-27-16 | $1,500,000 | 5,000 BSF
66 Maujer Street is a 25 x 100 foot lot in Williamsburg, containing 5,000 square feet of development potential. The purchase price of $1,500,000 equated to $300 per buildable square foot. Westbridge Realty Group was the sole-broker involved in this off-market transaction.
Acropolis Cooperative Package
06-08-16 | $2,408,333 | 17 Units
The Acropolis Cooperative Package consisted of 17 rent-control and rent stabilized units at the Acropolis Complex in Astoria, Queens. The package was sold at a price per unit of $141,666. Westbridge Realty Group was the only broker involved in this off-market transaction.
Broker(s): Steven Westreich
306 Stockholm Street
05-19-16 | $1,300,000 | 5,500 BSF
The sale of 306 Stockholm Street consisted a vacant building on a 25 x 100 foot lot in prime North Bushwick. The site contains 5,500 square feet of development potential. The sales price of $1,300,000 equated to $236 per buildable square foot. Westbridge Realty Group was the sole broker involved in this off-market transaction.
Broker(s): Steven Westreich
920 Lafayette Avenue
03-17-16 | $625,000 | 2,001 SF | 2 Units
Built 21 feet wide, this 2 unit building was delivered vacant at closing. At a price of $625,000, the purchase on 920 Lafayette Avenue equated to $312 per square foot.
Broker(s): Steven Westreich
1269-1271 Dekalb Avenue
03-10-16 | $1,860,000 | 8,736 BSF
The sale of 1269-1271 Dekalb Avenue consisted of two vacant buildings to be demolished for new ground up construction. The parcel, which is 37 feet wide and approximately 107 feet deep, has total development potential of 8,736 square feet of residential area.
Broker(s): Steven Westreich
2832, 2836, 2844, 2850 W 36th Street
03-09-16 | $3,525,000 | 18,960 SF | 24 Units
Together the four walk-up buildings in Coney Island (between Neptune and Mermaid Avenues) total 18,960 square feet and represent 24 residential units, with each building containing six units. The portfolio sold for 9.62 times the current roll, or $146,000 per unit and $185 per square foot.
Broker(s): Steven Westreich
3830 White Plains Road
02-17-16 | $810,000 | 7,605 SF | 6 Units
A mixed-use building with four, five-bedroom apartments and two ground floor stores, with a total of 7,605 square feet. The property was delivered 75% vacant, allowing the buyer to immediately capture much of the upside potential.
Broker(s): Steven Westreich
633 E 186th Street
01-19-16 | $3,900,000 | 19,725 SF | 28 Units
This corner property is comprised of 27 apartments with a ground floor retail unit. The off-market deal sold for 9.82 times the current rent roll, $198 per square foot, and $139,000 per unit.
Broker(s): Steven Westreich, Isaac Shrem
280 Powers Street
01-14-16 | $1,450,000 | 3,750 SF | 6 Units
The fully-occupied rental property consists of six apartments, totaling 3,750 square feet, and is located just one block away from the Grand Avenue L train. It sold off-market for 18.2 times the current rent roll.
Broker(s): Steven Westreich, Adam Traub
2 Stanwix Street
01-12-16 | $2,000,000 | 3,510 SF | 8 Units
2 Stanwix Street is a vacant mixed-use building containing 6 apartments and 2 stores.
Broker(s): Adam Traub
16-45 Summerfield Street
01-07-16 | $901,000 | 4,545 SF | 6 Units
16-45 Summerfield Street is a six-unit walkup multifamily building in Ridgewood Queens. The property was sold fully occupied at 17.6x rent roll.
Broker(s): Steven Westreich
345 Montgomery St, Brooklyn, NY
12-17-15 | $1,225,000 | N/A | 8 Units
The Montgomery Coop Package consists of a bulk package of eight unsold coop rent-stabilized units. The deal sold for approximately $158 per square foot, and equated to a 0% cap rate.
Broker(s): Steven Westreich
64-64 Wetherole Street
11-12-15 | $4,200,000 | 10,465 SF | 8 Units
64-64 Wetherole Street is a newly constructed 8-unit elevator apartment building, with a parking garage. The vacant property was delivered with a certificate of occupancy and a 421-a tax abatement with 11 years remaining.
Broker(s): Steven Westreich
166 Bleecker Street
10-06-15 | $1,100,000 | 4,875 SF | 6 Units
Westbridge Realty arranged a 2-week closing for 166 Bleecker Street, a 6-unit building in the AEP program.
Broker(s): Steven Westreich
920 Madison Street
07-20-15 | $2,900,000 | 10,400 SF | 9 Units
920 Madison Street is a 9-unit building well located in Bedford-Stuyvesant, 2 blocks from the J & Z trains on Broadway. The property was delivered with 3 of the 9 units vacant.
Broker(s): Steven Westreich
145 Somers Street
07-10-15 | $1,150,000 | 5,520 SF | 6 Units
145 Somers Street is a wide (26.5 feet) six-unit building in Ocean Hill. Two of the units are free-market while the remaining four are rent-stabilized.
Broker(s): Steven Westreich, Adam Traub
1462 Second Avenue
07-01-15 | $9,600,000 | 8,620 SF | 9 Units
1462 Second Avenue is a mixed-use 8,620 sq. ft. building with eight apartments and the Meatball Shop on the ground floor. With 12,000 sq. ft. of air rights, the property could potentially be sold in a future assemblage.
Broker(s): Adam Traub
1004 Hegeman Avenue, Brooklyn, NY
05-27-15 | $2,450,000 | 23,280 SF | 19 Units
1004 Hegeman Avenue is a 19 Unit, 23,280 square foot fully occupied building in East New York.
Broker(s): Steven Westreich
211 Marion Street
03-02-15 | $920,000 | 5,520 SF | 6 Units
211 Marion Street is a fully occupied 6-unit building in Ocean Hill, sold on an off-market basis.
Broker(s): Steven Westreich
702 Rockaway Avenue
03-01-15 | $4,275,000 | 18,000 SF | 30 Units
702 Rockaway Avenue is a corner mixed-use building in Brownsville containing 24 apartments over 6 stores on the ground level. The entire residential component was master leased to one tenant.
Broker(s): Adam Traub
2162 Fulton Street
01-21-15 | $772,688 | 5,200 SF | 4 Units
2162 Fulton Street consists of 3 floor through three-bedroom apartments, and 1 ground floor store occupied by Liberty Tax.
Broker(s): Steven Westreich, Adam Traub
238 Stockholm Street
09-22-14 | $2,100,000 | 7,000 SF | 8 Units
Located near the Dekalb L and Maria Hernandez Park, 238 Stockholm is a 7,000 square foot eight unit apartment building, with 5 units delivered vacant at closing. Westbridge arranged a 30 day closing in the off-market transaction.
Broker(s): Steven Westreich
Alliant Portfolio
05-29-14 | $5,700,000 | 74,653 SF | 76 Units
162-164 E 109th Street & 174 E 109th Street, New York, NY 10029, 545 W 133rd Street & 1473 Amsterdam Avenue, New York, NY 10027, 861, 880, 908, 914 & 917 Greene Avenue, Brooklyn, NY 11221. Each of the properties were gut-renovated in the mid 1990’s and were sold with low interest HPD/CPC financing which was assumed. The properties are subject to 30 year HPD regulatory agreements, and also benefit from long term J-51 tax abatements.
Broker(s): Steven Westreich
308 Fifth Avenue
01-29-14 | $8,300,000 | 16,524 SF | 10 Units
308 Fifth Avenue is a 6-story elevator building in Park Slope consisting of 9 apartments and 1 medical office on the ground floor.
Broker(s): Adam Traub
65 Irving Place
11-05-14 | $1,450,000 | 6,500 Buildable SF
65 Irving Place is a development site consisting of 6,500 square feet of total development potential. The buyer plans to develop the property into luxury condominiums.
Broker(s): Steven Westreich, Adam Traub
55 Ten Eyck Street
10-17-13 | $1,450,000 | 3,750 SF | 6 Units
Located within walking distance to the Graham Avenue L Train in Williamsburg, this highly desirable 6-unit building was delivered with 2 units vacant. Westbridge arranged a 30 day closing for 55 Ten Eyck Street.
Broker(s): Steven Westreich
234-238 E 23rd Street
06-18-13 | $20,000,000 | 62,000 Buildable SF
The sale of 234-238 E 23rd Street consisted of 2 contiguous buildings to be torn down, with total development potential of 62,000 buildable square feet. The buyer plans to erect a 20-story condo building in heart of Gramercy.
Broker(s): Adam Traub
66 Steuben Street
05-13-13 | $930,000 | 4,125 SF | 6 Units
66 Steuben Street is a six-unit walkup multifamily building, 3 units were delivered vacant. Westbridge arranged a 1 week closing for this off-market transaction.
Broker(s): Steven Westreich
42-54 Judge Street
10-15-14 | $7,850,000 | 32,550 SF | 41 Units
42-54 Judge Street is a 41-unit pre-war elevator building which had been family owned for over 50 years. The building which spans 32,550 square feet, contains 7-free market units, 33 rent-stabilized units, and 1 unit reserved for the super.
Broker(s): Steven Westreich