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Jacob Schwimmer Acquires Development Site In Mott Haven From Zaro's Family Bakery For $35M

Property Image
SOLD
$35,000,000
Jason M. Gold
+ 1

New York

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Development Site305,000 SF
Sold 01/13/2022
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Property Image
SOLD

Jacob Schwimmer Acquires Development Site In Mott Haven From Zaro's Family Bakery For $35M

138 Bruckner Boulevard, Bronx, NY 10454

See Similar Deals
Development Site305,000 SF
Sold 01/13/2022
Jason M. Gold
+ 1
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$114
Total Square Footage:305,000 SF
Transaction Type:Sale

A development site in Mott Haven, Bronx has been sold for $35,000,000. The property, located at 138 Bruckner Blvd., offers a total square footage of 305,000. The sale price per square foot (PPBSF) is $114. The transaction took place on January 13, 2022, and involves the buyer Jacob Schwimmer and the seller Zaro's Family Bakery.

Summary of transaction details

Jacob Schwimmer is the buyer of the development site, while Zaro's Family Bakery is the seller. The brokers involved in the transaction are Jason Gold and Victor Sozio from Ariel Property Advisors, as well as Joel Feinberg from Feinberg Brothers Real Estate. The deal was finalized on January 13, 2022, with a sale price of $35,000,000 and a PPBSF of $114.

Players

Jason M. Gold
59 deals$1B volume
BROKER

Victor Sozio
Ariel Property Advisors
111 deals$2.3B volume
BROKER


11 deals$600.6M volume
BUYER

11 deals$600.6M volume
BUYER

Details

SOLD
IMAGE: Jason Gold & Victor Sozio DATE: 01/13/2022 ADDRESS: 138 Bruckner Blvd. MARKET: Mott Haven, Bronx ASSET TYPE: Development Site BUYER: Jacob Schwimmer SELLER: Zaro's Family Bakery BROKERS: Jason Gold (@JGold_Real_Estate) & Victor Sozio - Ariel Property Advisors (@ArielPA.NYC) & Joel Feinberg - Feinberg Brothers Real Estate SALE PRICE: $35,000,000 BSF: 305,000 ~ PPBSF: $114

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