Scott Barone Acquires Bronx Package Deal For $20M From Seller The Gargiulo Family And Broker Ben Tapper

The Gargiulo Family has sold a three-property portfolio in the Bronx as part of a package deal. The properties are located at 629 Courtlandt Avenue, 4035 White Plains Rd., and 1680 Southern Blvd. The transaction was facilitated by Ben Tapper of Lee & Associates, representing the seller. The buyer, Scott Barone, acquired the portfolio for a total price of $20,000,000. The total square footage of the properties is 66,000, resulting in a price per square foot of $303,030.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $20,000,000
• Address: 629 Courtlandt Avenue, 4035 White Plains Rd., and 1680 Southern Blvd.
• Market: Bronx
• Broker: Ben Tapper - Lee & Associates

Lee & Associates, through broker Ben Tapper, arranged long-term leaseholds for this three-property portfolio in the Bronx. For more information, contact [email protected].