Joshua Stein Purchases Development Site In Bronx For $3.45M With Brokers David Simone And Daniel Tropp

The property asset involved in this transaction consists of three addresses: 616 Courtlandt Avenue, 620 Courtlandt Avenue, and 626 Courtlandt Avenue, located in the Bronx. It is a development site with a total price of $3,450,000. The building has a total square footage of 18,000 and a building size factor of 31,173, leading to a price per building square foot of $110 and a price per square foot of $192.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,450,000
• BSF: 31,173
• PPBSF: $110
• SF: 18,000
• PPSF: $192
• Buyer: Joshua Stein
• Seller: Shri Deshmoukh
• Buyer's Representative: Daniel Tropp - AEBOV Industrial Real Estate Brokerage
• Seller's Representative: David Simone - Concourse Realty

The transaction features Joshua Stein as the buyer, representing a strategic investment in the Bronx market. The seller, Shri Deshmoukh, engaged David Simone from Concourse Realty as the representative in this deal. The involvement of Daniel Tropp from AEBOV Industrial Real Estate Brokerage highlights the collaborative efforts in facilitating this acquisition.