Alex & Jonathan Babakhanov Acquire Commercial Asset In Bronx For $14 Million

The property involved in this transaction is a commercial asset located at 101 East Burnside Avenue in the Bronx. The transaction was completed for a sale price of $14,000,000, covering a total space of 24,000 square feet, resulting in a price per square foot of $583.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $14,000,000
• Address: 101 East Burnside Avenue
• Market: Bronx
• Square Footage: 24,000
• Price Per Square Foot: $583
• Buyer: Alex & Jonathan Babakhanov
• Seller: KSR Capital - Morris Sabbagh, Abraham Kassin; Chera Realty Group - Jeffrey Chera, Ralph Chera; Edward Cohen - Verv Capital

The deal was facilitated by multiple representatives including Morris Sabbagh and Abraham Kassin from KSR Capital, along with Jeffrey Chera and Ralph Chera from Chera Realty Group, and Edward Cohen from Verv Capital, highlighting the involvement of notable individuals and companies in this transaction.