SOLD
Azimuth Development Group Acquires Development Site In South Bronx For $2.2M
407-409 East 158th Street
Development Site
36,000 SF
36,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
36,000 sqft
A development site located at 407-409 East 158th Street in the South Bronx has been sold. The property was purchased by Azimuth Development Group from seller Peter Brooke for a total sale price of $2,215,000. The transaction took place on January 25, 2022.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,215,000
- Market: South Bronx
- Address: 407-409 East 158th Street
Kobi Zamir of GFI Realty Services represented the buyer, Azimuth Development Group, during the transaction. Ohad Babo and Zachary Fuchs, also from GFI Realty Services, represented the seller, Peter Brooke. The development site has a buildable square footage (BSF) of 36,000, resulting in a price per buildable square footage (PPBSF) of $61.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Ohad Babo, Zachary Fuchs & Kobi Zamir
DATE: 01/25/2022
ADDRESS: 407-409 East 158th Street
MARKET: South Bronx
ASSET TYPE: Development Site
BUYER: Azimuth Development Group
SELLER: Peter Brooke
BUYER’S REP: Kobi Zamir - GFI Realty Services (@GFIRealty)
SELLER’S REP: Ohad Babo (@Ohad_Babo) & Zachary Fuchs (@ZacharyDFuchs) - GFI Realty Services (@GFIRealty)
SALE PRICE: $2,215,000
BSF: 36,000 ~ PPBSF: $61View on map
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Address407-409 East 158th Street
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