Rajive Maret Sells Development Site In Bronx For $6,650,026 With Rep From Bridge Advisory Group

The transaction involves a development site located at 3059 Valentine Avenue & 234 East 204th Street in the Bronx. The sale price was $6,650,026, with a buildable square footage of 56,000, resulting in a price per buildable square foot of $118. Additionally, the total square footage stands at 3,580, equating to a price per square foot of $1,857.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,650,026
• Address: 3059 Valentine Avenue & 234 East 204th Street
• Market: Bronx
• Buildable Square Footage: 56,000
• Price per Buildable Square Foot: $118
• Total Square Footage: 3,580
• Price per Square Foot: $1,857
• Seller: Rajive Maret
• Brokers: Joshua Malekan - Bridge Advisory Group, Nathaniel Smith & Yaniv Grinberg - FIND Real Estate

Yaniv Grinberg, in collaboration with Bridge Advisory Group, announced the closing of this transaction, noting an extended closing timeline that provided flexibility for the buyer and certainty for the seller. The professionals involved in the transaction emphasize their commitment to co-brokerage and prioritize their clients' interests throughout the process.