Montefiore Medical Center paid $14M to Roman Catholic Church Of Saint Brendan

Montefiore Medical Center through the entity Mmc Corporation paid Roman Catholic Church Of Saint Brendan And Saint $14.0 million for 2 parcels, including the tax class parsonage, rectory (M3) at 3519 Bainbridge Avenue, 3515 Bainbridge Avenue in Riverdale. The deal closed on July 10, 2019 and was recorded on July 19, 2019. The parcel(s) have total development potential of 132,531 square feet.
The average sale price per square foot is $176.
The estimated cap rate is 2.6%

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link