Bronx Pro Group Acquires Development Site At 1770 Jerome Avenue For $10.2 Million

A development site located at 1770 Jerome Avenue in the Bronx has been sold for $10,200,000. The property features a total building square footage of 113,983 and a price per building square foot of $90. Additionally, the site has a total square footage of 11,150 with a price per square foot of $914.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,200,000
• Address: 1770 Jerome Avenue
• Market: Bronx
• Building Square Footage: 113,983
• Price per Building Square Foot: $90
• Total Square Footage: 11,150
• Price per Square Foot: $914
• Buyer: Bronx Pro Group - Samantha Magistro
• Seller: JBL Realty - Joseph Barone
• Brokers: Karl Brumback, Giancarlo Cugini & Jonathan Hageman - JLL

Key individuals involved in the transaction include Samantha Magistro representing Bronx Pro Group as the buyer and Joseph Barone representing JBL Realty as the seller. The brokerage team from JLL, consisting of Karl Brumback, Giancarlo Cugini, and Jonathan Hageman, facilitated the transaction.