Joel Zupnick Acquires Development Site In South Bronx For $3.25M

Located at 650 Southern Boulevard in the South Bronx, New York City, this development site was recently sold for a price of $3,250,000. The property spans 48,000 square feet and has a price per square foot of $68. The transaction took place on August 23, 2023.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $3,250,000
• Address: 650 Southern Boulevard, South Bronx, New York City
• Market: South Bronx, New York City
• Square Footage: 48,000
• Price per Square Foot: $68
• Buyer: Joel Zupnick
• Seller: Marc Pogostin, Esq.
• Broker: Josh Goldflam & Anthony Volman - Highcap Group

The deal was facilitated by real estate brokers Josh Goldflam and Anthony Volman from Highcap Group. They represented both the buyer, Joel Zupnick, and the seller, Marc Pogostin, Esq. This transaction showcases the expertise and negotiation skills of the brokers in successfully closing the deal for the development site on Southern Boulevard.