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140 West Fordham Road
SOLD

The Stagg Group Acquires Development Site In Bronx For $2.95M

140 West Fordham Road

Development Site
59,805 SF
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Summary

Sale
NEW YORK
Development Site
59,805 sqft

A development site located at 140 West Fordham Road in Bronx was recently sold in a closed transaction. The property, characterized as a development site, spans over 42,407 square feet. The sale took place on March 9, 2020, with an asking price of $3,500,000. The buyer, The Stagg Group, successfully acquired the property for a sale price of $2,950,000. The transaction implies a price per buildable square foot (PPBSF) of $49, with a total buildable square footage (BSF) of 59,805. The market value of the property is estimated to be around $70 per buildable square foot (PBSF).

Summary of transaction details

  • Property Type: Development site
  • Transaction Amount: $2,950,000
  • Date: 03/09/2020
  • Address: 140 West Fordham Road, Bronx
  • Market: Bronx
  • Total Buildable Square Footage: 59,805
  • Price per Buildable Square Foot (PPBSF): $49

The buyer of the property is The Stagg Group. They were represented by Jennifer Djurkovic from Djurkovic Investment Properties. For more information regarding the transaction, interested parties can contact Jennifer Djurkovic directly via phone at (631)624-3053 or email at [email protected]. Additional details can also be found on Djurkovic Investment Properties' website at djurkovicip.com.

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Players

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Jennifer Djurkovic's profile picture
Jennifer Djurkovic
Djurkovic Investment Properties-image
Founder and Chief Executive Officer
$16.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Mark Stagg & Jennifer Djurkovic DATE: 03/09/2020 ADDRESS: 140 West Fordham Road MARKET: Bronx ASSET TYPE: Development site šŸ— BUYER: The Stagg Group BROKER: Jennifer Djurkovic - Djurkovic Investment Properties (@DjurkovicIP) ASKING PRICE: $3,500,000 SALE PRICE: $2,950,000 ZFA: 42,407 ($70/PBSF) BSF: 59,805 ~ PPBSF: $49 NOTE FROM BROKER: Contact Jennifer Djurkovic for more info: šŸ“± (631)624-3053 šŸ“§ [email protected] šŸŒ djurkovicip.com

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