Builders Group USA Acquires Re-Development Site In Kingsbridge Heights & Jerome Park, Bronx For $3M

The re-development site located at 2764-2768 Webb Avenue in Kingsbridge Heights & Jerome Park, Bronx was recently sold for a sale price of $3,000,000. The property has a total lot size of 100 ft. x 100 ft. and a square footage of 14,105. The price per square foot is $213, while the building square footage is 22,000, resulting in a price per building square foot of $136.

Summary of transation details

• Property Type: Re-Development Site
• Transaction Amount: $3,000,000
• Seller: Juan And Modesto Marquez
• Buyer: Builders Group USA
• BROKERS: Derek Bestreich, Steve Reynolds, Brian Davila & John Loch - Investment Property Realty Group
• Address: 2764-2768 Webb Avenue, Kingsbridge Heights & Jerome Park, Bronx
• Market: Kingsbridge Heights & Jerome Park, Bronx

The deal was facilitated by the brokers Derek Bestreich, Steve Reynolds, Brian Davila & John Loch from Investment Property Realty Group. Their expertise played a crucial role in the successful completion of the transaction.