Robert Lumaj Acquires Development Site At 1840 Washington Avenue From Daniel Gabay For $2.13M

The property asset involved in this transaction is a development site located at 1840 Washington Avenue in the Bronx. The sale price for this site was $2,128,650, with a total square footage of 27,396 and a price per square foot of $77.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,128,650
• Buyer: Robert Lumaj
• Seller: Daniel Gabay
• Address: 1840 Washington Avenue
• Market: Bronx
• Square Footage: 27,396
• Price per Square Foot: $77
• Brokers: Mitchel Flaherty, Brian Whelan & Jonathan Auerbach - Ripco

This transaction was facilitated by the brokerage team of Mitchel Flaherty, Brian Whelan, and Jonathan Auerbach, who represent the buyer and seller in the deal. The collaboration of these individuals played a crucial role in executing the successful sale of the development site.