Casablanca Property Owner Acquires 2 Story Commercial Building In Bronx For $4.9M

A 2-story commercial building located at 334-340 Walton Ave in New York's Bronx neighborhood was recently sold for $4,900,000. The property spans approximately 9,335 square feet, resulting in a price per square foot of $524. The total buildable square footage for this asset is 60,519 square feet.

Summary of transation details

• Property Type: 2 Story Commercial Building
• Transaction Amount: $4,900,000

The seller in this transaction was Societe D’Exploitation Agricole C-I, while the buyer was Casablanca Property Owner. Representing the buyer in the deal were Nir Mor from Capital Property Partners (@Nirmor5) and Michael Saidian, also from Capital Property Partners (@Saidcity).