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

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.