Greg Roberts Of SKF Development Acquires Development Site On Webster Avenue For $7M

The development site located at 3083 Webster Avenue in Bronx was recently sold in a transaction involving the buyer, Greg Roberts of SKF Development, and the seller, Atlantis Management. The property spans 15,000 square feet with a sale price of $7,000,000, equating to a price per square foot of $467. The building size is 100,000 square feet, resulting in a price per square foot of $70.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $7,000,000
• Market: Bronx
• Buyer: Greg Roberts - SKF Development
• Seller: Atlantis Management

The sale was facilitated by the brokers Jonathan Squires, Joshua Neustadter, and Austin Weiner from Cushman & Wakefield. Joshua Neustadter, Jonathan Squires, Greg Roberts, and Austin Weiner were instrumental in finalizing the deal, ensuring a successful transaction for both the buyer and seller. This sale underscores the vibrant real estate market in the Bronx and highlights the collaborative effort of all parties involved.