Westrock Development pays $14M to Isaac Kubersky for property in Morrisania

Westrock Development through the entity SHLP 165 LLC paid Isaac Kubersky’s A & I Bronx Realty Corp. $14.0 million for 432 East 165th Street, 434 East 165th Street, 442 East 165th Street, 439 East 164th Street, 437 East 164th Street, and others in Morrisania. The deal closed on September 16, 2020, and was recorded on October 1, 2020. The transaction consists of 7 parcels, including the tax class miscellaneous warehouse (E9). The parcel(s) have total development potential of 132,182 square feet.
The average sale price per square foot is $106.

The contract date was March 20, 2020, according to the transfer report. The parties recorded a memorandum of contract in March 2020.  The signatory for the buyer was Jason Friedland, president of Schleppers Moving & Storage and Westrock Development.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Jason L. Friedland