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Yoel Zagelbaum Acquires Commercial Real Estate In Tremont, Bronx For $7,987,000

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SOLD
$7,987,000

New York

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Commercial7 SF
Sold 09/12/2022
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SOLD

Yoel Zagelbaum Acquires Commercial Real Estate In Tremont, Bronx For $7,987,000

1790 Marmion Avenue, The Bronx, New York 10460, United States

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Commercial7 SF
Sold 09/12/2022
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$1,141,000
Total Square Footage:7 SF
Transaction Type:Sale

An commercial real estate property located at 1790 Marmion Avenue in Tremont, Bronx has been sold. The property has a zoning classification of R7-1 and sits on a lot size of 6,937 square feet. The sale took place on December 9, 2022, with Yoel Zagelbaum as the buyer and Yosef Rabinowitz as the seller. The transaction was closed at a price of $7,987,000. The building on the property has a total square footage of 7,839 and a price per square foot of $1,018. The building's floor area ratio (FAR) is 1.13, and it falls under tax class 4. The property also has an alteration 2 permit dated May 22, 2019. The lot dimensions are 73.02 feet by 95 feet.

Summary of transaction details

  • Property Type: Commercial Real Estate
  • Transaction Amount: $7,987,000
  • Address: 1790 Marmion Avenue
  • Market: Tremont, Bronx
  • Buyer: Yoel Zagelbaum
  • Seller: Yosef Rabinowitz
  • Total Square Footage: 7,839
  • Price per Square Foot: $1,018
  • Lot Size: 6,937
  • Zoning: R7-1
  • Floor Area Ratio (FAR): 1.13
  • Tax Class: 4
  • Permits: Alteration 2 (05/22/2019)
  • Lot Dimensions: 73.02 ft x 95 ft

Yoel Zagelbaum and Yosef Rabinowitz were the key individuals involved in this transaction. They represented the buyer and seller respectively. The deal was brokered by their respective agencies.

Players

2 deals$39M volume
BUYER

2 deals$27.5M volume
SELLER

Details

SOLD
IMAGE: 12/09/2022 ADDRESS: 1790 Marmion Avenue MARKET: Tremont, Bronx ASSET TYPE: Commercial Real Estate ~ ZONING: R7-1 BUYER: Yoel Zagelbaum SELLER: Yosef Rabinowitz PRICE: $7,987,000 BSF: 23,863 ~ PPBSF: $334 SF: 7,839 ~ PPSF: $1,018 FAR: 1.13 TAX CLASS: 4 LOT SIZE: 6,937 PERMITS: Alteration 2 (05/22/2019) LOT DIMENSION: 73.02 ft x 95 ft

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