Deal sheet    Single Deal
804 11th Avenue|Sales|11/22/2009
  • Event Sales
  • Building Name 798-804 11th Avenue
  • Address 804 11th Avenue
  • Square feet 265,000
  • Price $ 84,000,000
  • Price per foot $ 316.98
  • Borough Manhattan
  • Neighborhood Clinton
  • Publication Date 01/01/2010
  • Deal Date 11/22/2009
  • Party 1 Potamkin Auto Group
  • Party 1 Brokerage Potamkin Auto Group
  • Party 1 Broker Alan Potamkin, Robert Potamkin, Peter Paris
  • Party 2 Volkswagen Group of America
  • Party 2 Brokerage CBRE
  • Party 2 Broker Jedd Nero, Michael Kadosh, Lauren Scarpace, Paul Beitz, Tim Luke, Allen Dresselhouse
notes
The Potamkin General Motors dealership sold for $84 million. Volkswagen plans to invest another $41 million in renovating the space, which will be converted into the flagship New York City dealerships for Audi and Volkswagen.
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