1340 Lafayette Avenue
Transaction Overview
Hunts Point industrial site acquired by Wildflower Ltd for Robert De Niro's Wildflower Studios expansion, next to an Amazon warehouse. The sale covered three properties in Hunts Point, Bronx: 1340 Lafayette Avenue, 749 Whittier Street, and 745 Whittier Street. It closed on 06/02/2021 at a total price of $10,850,000 for a combined 54,200 square feet (BSF), or $200 per square foot (PPBSF). Summary of transaction details Property Type: Industrial Transaction Amount: $10,850,000 Properties Addressed: 1340 Lafayette Avenue, 749 Whittier Street, 745 Whittier Street Market: Hunts Point, Bronx Buyer: Wildflower - Raphael De Niro, Adam Gordon, and David Johnson Seller: The Lanteri Family Raphael De Niro, Adam Gordon, and David Johnson represented Wildflower on the buy side. The seller, The Lanteri Family, negotiated the transaction off-market. Robert Khodadadian and Daniel Shirazi of Skyline Properties brokered the deal.
Property Details
Transaction Value
$10.85M
Square Footage
54,200 BSF
Price per SF
$200
Year Closed
2021
Asset Type
Industrial
Deal Type
Investment Sale
Property Type
Development Site
Location
Bronx
Transaction Parties
The Lanteri Family
Press Coverage
New York Real Estate Journal
The Real Deal
Crain's New York Business
Bisnow
Bronx, NY
40.8161, -73.8847
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Press Coverage
Press citations: 1340 Lafayette Avenue
5 press features covering the $10.85M transaction.
Skyline Properties Brokers Wildflower's $11M 1340 Lafayette Avenue Sale
Skyline Properties' Robert Khodadadian and Daniel Shirazi broker sale of 1340 Lafayette Avenue in Hunts Point to Wildflower Ltd for $10.85 million.
Wildflower Studios Bronx Expansion
Wildflower Studios expands in the Bronx.
Firm Behind Wildflower Studios Buys Bronx Industrial Site for $11M
Robert De Niro's Wildflower Studios acquires 1340 Lafayette Avenue in Hunts Point, Bronx.
Wildflower Studios Bronx 1340 Lafayette $11M
Wildflower Studios acquires 1340 Lafayette Avenue in Bronx for $11M.
Wildflower Studios Acquires 1340 Lafayette Avenue for $11M
Wildflower Studios acquires 1340 Lafayette Avenue industrial site in Hunts Point.