Elton & Paul Durgaj Acquire Development Site On Honeywell Avenue In Bronx For $1.38M

The development site located at 1981-1985 Honeywell Avenue in Bronx, West Farms, has been sold in a closed transaction. The property was sold by Robert Yakubov to Elton & Paul Durgaj for a sale price of $1,380,000. The asking price for the property was $1,500,000. The development site spans 22,786 square feet and has a price per buildable square foot (PPBSF) of $60.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,380,000
• Address: 1981-1985 Honeywell Avenue
• Market: Bronx, West Farms
• Seller: Robert Yakubov
• Buyer: Elton & Paul Durgaj
• Asking Price: $1,500,000
• BSF: 22,786
• PPBSF: $60

The deal was facilitated by brokers Ohad Babo, Mickael Benichou, and Daniel Asherian, who represented their respective parties in the transaction.