Isaac Hill Of Magnet Management Acquires Wakefield Development Site For $800K | 4058 Bronx Boulevard | Menachem Babayov, Steven Westreich | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

168,000 sqft

A development site located at 4058 Bronx Blvd in Wakefield was recently sold in a closed transaction. The property has a building square footage (BSF) of 16,800 and was sold at a sale price of $800,000. The asking price for the site was $1,000,000, indicating a negotiated discount. With a price per building square footage (PPBSF) of $48, this property presents an opportunity for development in the area.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $800,000
Address: 4058 Bronx Blvd
Market: Wakefield

The seller of the development site was Alba Morello. On the buyer's side, Isaac Hill of Magnet Management took part in the transaction. Representing the transaction on behalf of the buyer and seller were Menachem Babayov and Steven Westreich from Westbridge Realty Group.

Players

All
3

Agents
2
Agencies
1

$2.1M Sold

$93.9M Sold

Westbridge Realty Group

Details

Deal Summary

SOLD

IMAGE: Menachem Babayov & Steven Westreich DATE: 05/20/2020 ADDRESS: 4058 Bronx Blvd MARKET: Wakefield ASSET TYPE: Development Site ASKING PRICE: $1,000,000 SALE PRICE: $800,000 BSF: 16,800 PPBSF: $48 SELLER: Alba Morello BUYER: Isaac Hill – Magnet Management BROKERS: Menachem Babayov & Steven Westreich @WestbridgeRealty Group

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Address4058 Bronx Boulevard

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