Dykes Lumber Company Inc Sells Development Site At 1777 West Farms Road For $4.15M

The property involved in this transaction is a development site located at 1777 West Farms Road in the Bronx. It was sold for a price of $4,150,000 with a buildable square footage of 46,000, resulting in a price per buildable square foot of $90. The total square footage is also 46,000, maintaining a price per square foot of $90.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,150,000
• Address: 1777 West Farms Road
• Market: Bronx
• BSF: 46,000
• PPBSF: $90
• SF: 46,000
• PPSF: $90
• Seller: Dykes Lumber Company Inc
• Broker Representatives: Ariel Castellanos & Federico Mazzeo - Pinnacle Realty of New York

Ariel Castellanos and Federico Mazzeo of Pinnacle Realty of NY LLC served as exclusive agents for this deal and successfully achieved a record buildable square foot price on the sale.