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

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

• Property Type: Development Site
• Transaction Amount: $35,000,000
• Address: 138 Bruckner Blvd.
• Market: Mott Haven, Bronx
• Buyer: Jacob Schwimmer
• Seller: Zaro's Family Bakery
• Brokers: Jason Gold & Victor Sozio - Ariel Property Advisors & Joel Feinberg - Feinberg Brothers Real Estate

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.