Yaakov Lefkowitz Acquires Development Site In Bronx For $1.8M

A development site located at 3011 Bronxwood Avenue in Bronx has been sold for $1,800,000. The property is zoned as R6 and spans across a total square footage of 15,600. The buyer, Yaakov Lefkowitz, plans to add 2 floors to the property and develop a 20 unit apartment building. The transaction took place on November 16, 2020, with Frank Piluso as the seller.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,800,000
• Address: 3011 Bronxwood Avenue
• Market: Bronx
• Asset Type: Development Site
• Zoning: R6
• Buyer: Yaakov Lefkowitz
• Seller: Frank Piluso
• Brokers: Steven Westreich & Abe Jemal of Westbridge Realty
• BSF: 15,600
• PPBSF: $115

For similar development opportunities, please contact Abe Jemal at [email protected] or Steven Westreich at [email protected].