Mitaj Family Acquires Development Site At 1807 Willow Lane In Pelham Bay For $1.5M

The property asset involved in the transaction is a development site located at 1807 Willow Lane in Pelham Bay, Bronx. The sale price for the property was $1,500,000, with a building square footage (BSF) of 14,448 and a price per building square foot (PPBSF) of $103. Additionally, the property has a total square footage (SF) of 3,611, translating to a price per square foot (PPSF) of $415.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $1,500,000
• Address: 1807 Willow Lane
• Market: Pelham Bay, Bronx
• Building Square Footage: 14,448
• Price per Building Square Foot: $103
• Total Square Footage: 3,611
• Price per Square Foot: $415
• Buyer: Mitaj Family
• Seller: Rosemary Perrot
• Brokers: Jared Friedman & David Roman - Investment Property Realty Group

The key individuals involved in the deal include the buyer, Mitaj Family, and the seller, Rosemary Perrot. The transaction was represented by Jared Friedman and David Roman from Investment Property Realty Group, who facilitated the deal between the parties.