GEEL Community Services Acquires Norwood Development Site For $2.4M

A development site located at 3095 Webster Avenue in Norwood, Bronx has been sold for $2,400,000. The site has a building square footage (BSF) of 33,000. The sale price per BSF (PPBSF) stands at $72.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,400,000
• Address: 3095 Webster Avenue, Norwood, Bronx
• Market: Norwood, Bronx
• Seller: William Schur
• Buyer: GEEL Community Services
• Brokers: Josh Neustadter, Addison Berniker, Jon Squires

The seller of the property was William Schur, while the buyer was GEEL Community Services. The deal was facilitated by brokers Josh Neustadter, Addison Berniker, and Jon Squires.