The property involved in this transaction is a development site located at 415 East 152nd Street in the Melrose neighborhood of the Bronx. The sale price for the property was $1,150,000, with a built square footage of 11,000 and a price per built square foot of $104. The total square footage of the site is 5,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,150,000
• Address: 415 East 152nd Street
• Market: Melrose, Bronx
• Built Square Footage: 11,000
• Price per Built Square Foot: $104
• Total Square Footage: 5,000
• Buyer: Erenik & Roland Nezaj
• Seller: Hernandez Family
• Brokers: Derek Bestreich, Steve Reynolds, Brian Davila & John Loch - Investment Property Realty Group (IPRG)

This transaction involved key individuals including the buyers, Erenik and Roland Nezaj, and the sellers, the Hernandez Family. The deal was represented by brokers Derek Bestreich, Steve Reynolds, Brian Davila, and John Loch, who are associated with Investment Property Realty Group (IPRG), highlighting the collaborative effort behind this transaction.