Lemor Development pays $4.6M to David Haselkorn for property in Morris Heights

Workforce housing developer and manager Lemor Development Group through the entity 2005 Jerome Avenue LDG LLC paid $4.6 million to David Haselkorn through the entity West Realty Co., LLC for office building (O7) at 2005 Jerome Avenue in Morris Heights, Bronx. The sale price per square foot indicates this is a development site sale.
The deal closed on December 8, 2021 and was recorded on December 27, 2021.
The property has 6,000 square feet of built space and 54,200 square feet of additional air rights for a total buildable of 60,200 square feet according to PincusCo analysis of city data. The sale price per built square foot is $766 and the price per buildable square foot is $76 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for David Haselkorn was David L. Haselkorn. The signatory for Lemor Development Group was Harrison Rayford.

David Haselkorn is president of Harran Holding Corp., a four-generation real estate investment company. Harrison Rayford is a principal with Lemor Development Group.
Within a 400-foot radius of 2005 Jerome Avenue, Pincusco identified two commercial real estate items of interests occurred over the past 24 months.
Of those two items, one was in new building development. It was a new building permit issued on March 6, 2020 for a 26,136-square-foot R-2 building with 43 residential units at 2026 Walton Avenue.
One of those two items was a loan which Shayner Klein borrowed $8.9 million from Westchester Bank secured by the 27,326-square-foot, 35-unit rental (D7) on 2004 Davidson Avenue on August 26, 2020.

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