SOLD
ACMH, Inc Acquires Development Site On Jerome Avenue In Bronx For $8.4M
1760-1768 Jerome Avenue
Development Site
16,560 SF
16,560 SF
Sold 348 days ago
Summary
Sale
NEW YORK
Development Site
16,560 sqft
The development site located at 1760-1768 Jerome Avenue in the Bronx has been sold in a closed transaction. The property spans an area of 16,560 square feet, with a sale price of $8,400,000. This translates to a price per square foot of $507. The gross buildable area of the site is 100,800 square feet, resulting in a price per buildable square foot of $83.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $8,400,000
- Address: 1760-1768 Jerome Avenue, Bronx
- Square Footage: 16,560 SF
- Price Per Square Foot: $507
- Gross Buildable Area: 100,800 SF
- Price Per Buildable Square Foot: $83
The buyer of the property is ACMH, Inc, while the seller is Porlos Realty Corp - Gigi Porcelli. The deal was facilitated by Giancarlo Cugini and Karl Brumback from JLL, representing both the buyer and the seller.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Giancarlo Cugini & Karl Brumback
DATE: 05/24/2023
ADDRESS: 1760-1768 Jerome Avenue
MARKET: Bronx
ASSET TYPE: Development Site
BUYER: ACMH, Inc
SELLER: Porlos Realty Corp - Gigi Porcelli
BROKERS: Giancarlo Cugini & Karl Brumback - JLL (@JLL)
SALE PRICE: $8,400,000
SF: 16,560 ~ PPSF: $507
BSF: 100,800 ~ PPBSF: $83View on map
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Address1760-1768 Jerome Avenue
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