Westbridge Realty Group Purchases Development Site In Bronx For $1.3 Million With Brokers Newmark

The property involved in this transaction is a development site located at 1740 East Tremont Avenue in the Bronx, with a sale price of $1,300,000. The property encompasses a total of 7,844 square feet, resulting in a price per square foot of $165.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,300,000
• BSF: 7,844
• PPBSF: $165
• Buyer: Westbridge Realty Group
• Seller: Penn Property Management
• Brokers: Daniel O'Brien, Caroline Hodes, Danny Jones, and Harry Singer - Newmark

This transaction involved key representatives including Daniel O'Brien, Caroline Hodes, Danny Jones, and Harry Singer, who functioned as brokers representing the buyer and seller in the deal facilitated through Newmark.