Therese Cojocaru Sells Development Site At 2809 Morris Avenue Bronx For $1.62M

The property asset involved in this transaction is a development site located at 2809 Morris Avenue in the Bronx. The sale price for this asset was $1,620,000, with an area of 12,316 square feet, resulting in a price per buildable square foot (PPBSF) of $131. The property additionally consists of 3,709 square feet of existing space, which corresponds to a price per square foot (PPSF) of $436.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,620,000
• Address: 2809 Morris Avenue
• Market: Bronx
• Seller: Therese Cojocaru
• Broker: Christian Dedvukaj - Princeton Realty Group
• BSF: 12,316
• PPBSF: $131
• SF: 3,709
• PPSF: $436

Christian Dedvukaj, representing Princeton Realty Group, facilitated the sale of the development site. Therese Cojocaru acted as the seller in this transaction, contributing to the successful closure of the deal.