Mark Stagg Acquires Development Site In Bronx From Joe Cumiskey For $2.8M

A development site located at 3190 Webster Ave in the Bronx has been sold in a recent transaction. The sale took place on December 15, 2020, and the buyer of the property is Mark Stagg. The seller of the property is Joe Cumiskey. The transaction was facilitated by brokers David Simone, Bradley Evans, and Ed Gevinski from Concourse Realty Partners. The property was sold for a total price of $2,800,000. The development site has a building square footage (BSF) of 36,574, resulting in a price per building square footage (PPBSF) of $77.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $2,800,000
• Address: 3190 Webster Ave
• Market: Bronx
• Buyer: Mark Stagg
• Seller: Joe Cumiskey
• Brokers: David Simone, Bradley Evans, and Ed Gevinski from Concourse Realty Partners
• BSF: 36,574
• PPBSF: $77

The deal was facilitated by David Simone, Bradley Evans, and Ed Gevinski of Concourse Realty Partners, who represented the buyer and seller in the transaction. This successful sale of the development site marks an important milestone in the Bronx real estate market.