Stagg Group pays $4.8M to nursing home owners for development site in Riverdale

Mark Stagg’s Stagg Group through the entity 6375 Broadway LLC paid Samuel Aryeh-Weiss’s 6355 Broadway LLC $4.8 million for 6375 Broadway in Riverdale. The deal closed on May 13, 2020, and was recorded on May 29, 2020. The transaction consists of 1 parcel of vacant land adjacent to a nursing home.

The sellers are affiliates of the W Group which operates assisted living facilities.

The sellers earlier this month divided tax lot 1945 into tax lot 1945 which has a building and lot 1944, which is vacant.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. not available