The Lulaj Family Acquires Development Site In Allerton, Bronx For $2.45M

A development site located at 2301-2311 White Plains Rd in Allerton, Bronx has been sold for a price of $2,450,000. The property has a lot size of 83 ft x 158 ft, with a building square footage (BSF) of 36,207. The price per buildable square foot (PPBSF) is $65. The transaction took place on 11/08/2021.

Summary of transaction details:

• Property Type: Development site 🏗
• Transaction Amount: $2,450,000
• Address: 2301-2311 White Plains Rd, Allerton, Bronx
• Market: Allerton, Bronx
• Buyer: The Lulaj Family
• Seller: The Franzblau Family
• Brokers: Roni Soleimani & Jacob Harooni - SP Capital Group

Roni Soleimani and Jacob Harooni from SP Capital Group represented the buyer and seller in this deal. This transaction marks SP Capital's second deal of the week. For those interested in purchasing or selling similar assets in the Boroughs, you can reach out to Roni Soleimani at (212) 235-2764 or [email protected], or Jacob Harooni at (212) 343-3042 or [email protected].