Wonder Works Construction paid $13M to ROMAN CATHOLIC CHURCH OF SAINT CECILIA AND HOLY

Wonder Works Construction through the entity WW1834, LLC paid ROMAN CATHOLIC CHURCH OF SAINT CECILIA AND HOLY $13.4 million for 1 parcel, including the tax class church, synagogue, chapel (M1) at 1834 3 Avenue in East Harlem. The deal closed on July 09, 2019 and was recorded on July 18, 2019. The parcel(s) have total development potential of 72,888 square feet.
The average sale price per square foot is $276.
The estimated cap rate is 1.1%

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel.There has been one new building permit application totaling 52,437 square feet. Those plans include a total of 71 residential or hotel units.
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