Moses Freund Purchases Development Site From Yaghoubi Family For $2.5 Million In Bronx

The transaction involves a development site located at 383 Morris Avenue in the Bronx. The property was sold for $2,500,000, with a building square footage of 18,959 and a price per building square foot of $131.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Address: 383 Morris Avenue
• Market: Bronx
• Buyer: Moses Freund
• Seller: Yaghoubi Family
• Brokers: Mitchel Flaherty, Jonathan Auerbach & Brian Whelan - Ripco

The deal involved significant participation from Ripco, with Mitchel Flaherty, Jonathan Auerbach, and Brian Whelan representing the interests of the buyer and seller throughout the transaction process.