Robert Lumaj Acquires Development Site At 1218-1224 Southern Boulevard Bronx For $3.85M

The property asset involved in the transaction is a development site located at 1218-1224 Southern Boulevard in the Bronx. The sale was completed for a total amount of $3,850,000, with a building square footage of 36,668 and a price per building square foot of $105.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,850,000
• Address: 1218-1224 Southern Boulevard
• Market: Bronx
• Building Square Footage: 36,668
• Price Per Building Square Foot: $105
• Buyer: Robert Lumaj
• Seller's Representatives: Jonathan Squires, Austin Weiner, Josh Neustadter, Bobby Carrozzo & David Lebenstein - Cushman & Wakefield

The deal involved key individuals including Robert Lumaj as the buyer, while the seller was represented by a group of brokers from Cushman & Wakefield, consisting of Jonathan Squires, Austin Weiner, Josh Neustadter, Bobby Carrozzo, and David Lebenstein.