Yossi Azour Of A2Z Capital Acquires Development Site In Woodmere For $860,000

The asset involved in this transaction is a development site located at 862 Station Place in Woodmere. The sale price was $860,000, and the property consists of 5,600 building square feet (BSF), resulting in a price per building square foot (PPBSF) of $153. The total square footage of the property is 7,300, leading to a price per square foot (PPSF) of $117.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $860,000
• Buyer: Yossi Azour - A2Z Capital
• Seller: Daniela Pier
• Lender: Alex Piroozian - Washington Equity & Funding Corp
• Loan Amount: $775,000.00
• Loan Type: Acquisition
• Loan Terms: 12 months

Yossi Azour represents A2Z Capital in this transaction, while Daniella Pier is the seller. Alex Piroozian, serving as the lender, has a track record in the private real estate investment community for over 25 years, providing direct private lending services including fix & flip loans and DSCR loans. The lender's offerings include competitive rates and terms for various property types.