Yonah Grunhut Acquires Development Site In Bronx From Barr Rickman For $6 Million

The property asset involved in this transaction is a development site located at 2786 Webster Avenue in the Bronx. The sale price of the property was $6,000,000, with a built square footage (BSF) of 67,320 and a price per built square foot (PPBSF) of $89. The total square footage (SF) of the site is 60,789, with a price per square foot (PPSF) of $98.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,000,000
• Address: 2786 Webster Avenue
• Market: Bronx
• BSF: 67,320
• PPBSF: $89
• SF: 60,789
• PPSF: $98
• Buyer: Yonah Grunhut
• Seller: Barr Rickman

Key individuals in this transaction include buyer Yonah Grunhut and seller Barr Rickman. This sale reflects their involvement in the Bronx market, facilitating a significant property transfer in the area.