NALCORP Acquires Development Site From Altmark Group In Bronx For $21.7M

The asset involved in the sale is a development site located at 122 Bruckner Boulevard in the Bronx. The transaction was completed for a total amount of $21,700,000, encompassing a square footage of 172,774. The price per square foot stands at $126.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $21,700,000
• Address: 122 Bruckner Boulevard
• Market: Bronx
• Square Footage: 172,774
• Price Per Square Foot: $126
• Buyer: NALCORP
• Seller: Altmark Group
• Brokers: Brendan Maddigan, Ethan Stanton & Michael Mazzara - JLL

The transaction involved key representatives in the brokerage field, with Brendan Maddigan, Ethan Stanton, and Michael Mazzara from JLL representing the parties involved in the deal. Their expertise facilitated the successful completion of this transaction in the competitive Bronx market.