Joel Freund Acquires Development Site In Pelham Bay For $2.5M

Located at 3109 Buhre Avenue in Pelham Bay, Bronx, the property is a Development Site that was recently sold for $2,500,000. Spanning 24,450 square feet, the sale price per square foot stood at $102. The transaction was facilitated off-market by the Asset CRG Advisors team, with Joel Freund acquiring the property from Sharon Hakmon.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Buyer: Joel Freund
• Seller: Sharon Hakmon
• Brokers: Mike Sezan & Natali Gil - Asset CRG Advisors

The deal was successfully closed with the expertise of Mike Sezan and Natali Gil-Yusupov, both representing Asset CRG Advisors. Despite the challenges posed by rising interest rates, the transaction showcased the team's ability to navigate the market and facilitate deals effectively. For inquiries regarding this transaction or any other property opportunities in the neighborhood, interested parties can reach out to Mike Sezan at 646.363.6213 or [email protected], and Natali Gil-Yusupov at 646.363.623109 or [email protected].