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Steven Westreich & Jamie Bacari Acquire Development Site In The Bronx For $6.5M

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Sold 03/01/2023
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Steven Westreich & Jamie Bacari Acquire Development Site In The Bronx For $6.5M

810 East 170th Street & 1395 Bristow Street

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Sold 03/01/2023
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Summary

Transaction Type:Sale

A development site located at 810 East 170th Street and 1395 Bristow Street in The Bronx has been sold in a recent transaction. The property was purchased by Steven Westreich and Jamie Bacari for a total price of $6,500,000. The site is a development opportunity with a building square footage of 35,000 and a price per square foot of $186. The transaction also includes a buildable square footage of 60,000, resulting in a price per buildable square foot of $108.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $6,500,000
  • Address: 810 East 170th Street & 1395 Bristow Street
  • Market: The Bronx

The sale was facilitated by Mitchel Flaherty and Paul Massey, representing B6 Real Estate Advisors. They served as the brokers for the transaction, assisting the buyers, Steven Westreich and Jamie Bacari, in acquiring the property from the Kuey Family.

Players

19 deals$118.1M volume
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Details

SOLD
IMAGE: Paul Massey, Steven Westreich & Mitchel Flaherty DATE: 03/01/2023 ADDRESS: 810 East 170th Street & 1395 Bristow Street MARKET: The Bronx ASSET TYPE: Development Site BUYER: Steven Westreich & Jamie Bacari SELLER: Kuey Family BROKER: Mitchel Flaherty (@TeamFlaherty_B6) & Paul Massey - B6 Real Estate Advisors (@B6RealEstate) SALE PRICE: $6,500,000 BSF: 60,000 ~ PPBSF: $108 SF: 35,000 ~ PPSF: $186

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