Maniram Singh Acquires Commercial Property In Baychester, Bronx For $3.2M

The commercial property located at 2939 Edson Ave in Baychester, Bronx, was sold on April 27, 2022. The property is zoned as R4 and has a lot size of 28,394 square feet. The last recorded sale of the property was on January 19, 2011, for $860,000. The property underwent a full demolition permit on November 17, 2008. The lot dimensions are approximately 72.25 feet by 190.15 feet.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $3,200,000
• Buyer: Maniram Singh
• Seller: Sadhu Lall
• Building Square Footage (BSF): 21,296
• Price per BSF: $150
• Lot Square Footage (SF): 5,963
• Price per SF: $536
• Floor Area Ratio (FAR): 0.21
• Tax Class: 4

Maniram Singh purchased the property from Sadhu Lall for a total of $3,200,000. The transaction involved a commercial asset with a building square footage of 21,296 and a price per building square foot of $150. The lot size of the property is 5,963 square feet, with a price per square foot of $536. The sale represents a significant investment in the Baychester market.