Vertical Community Development Acquires Development Site In Bronx From BNS Real Estate For $6M

The asset involved in this transaction is a development site located at 411-419 East 148th Street in the Bronx. It has a sale price of $6,000,000, offering a building size of 43,028 BSF and a price per BSF of $139. The total square footage is 12,508, with a price per square foot (PPSF) of $479.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,000,000
• Buyer: Vertical Community Development
• Seller: BNS Real Estate
• Broker: Eduard Hila - Hillstone Properties NY

Eduard Hila from Hillstone Properties NY represents the buyer, Vertical Community Development, in this transaction, facilitating the acquisition from BNS Real Estate. For inquiries, interested parties can contact Eddie Hila at 347-444-6487 or [email protected].