Bujaj Family Acquires Development Site In Riverdale Bronx From Sotir Zonea For $1.6125M

The property involved in the transaction is a development site located at 3232 Oxford Avenue in the Riverdale neighborhood of Bronx. The sale price for the property was $1,612,500, with a building square foot (BSF) of 11,000 and a price per building square foot (PPBSF) of $146. The total square footage of the site is 5,000, with a price per square foot (PPSF) of $322.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $1,612,500
• Address: 3232 Oxford Avenue
• Market: Riverdale, Bronx
• Building Square Feet: 11,000
• Price per Building Square Foot: $146
• Total Square Footage: 5,000
• Price per Square Foot: $322
• Buyer: Bujaj Family
• Seller: Sotir Zonea
• Broker: Jared Friedman & David Roman - Investment Property Realty Group

Jared Friedman and David Roman from Investment Property Realty Group represented the parties involved in this closed transaction, facilitating the deal between the buyer, Bujaj Family, and the seller, Sotir Zonea.