Yaniv Grinberg Of FIND Real Estate Represents Buyer In $10.48M Bronx Development Site Sale

A development site located at 2873 Valentine Avenue in the Bronx has been sold for $10,485,000. The property encompasses a total square footage of 17,750 and is situated within a market that supports development potential. The buildable square footage for the site stands at 106,855, offering a price per buildable square foot of $98 and a price per square foot of $591.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,485,000
• Address: 2873 Valentine Avenue
• Market: Bronx
• Total Square Footage: 17,750
• Buildable Square Footage: 106,855
• Price Per Buildable Square Foot: $98
• Price Per Square Foot: $591
• Seller: Dharamdeo Balgobin & Jasoumatie Babaulall
• Broker: Yaniv Grinberg - FIND Real Estate

Yaniv Grinberg of FIND Real Estate represented the buyer in the transaction, orchestrating the assembly of the site by sourcing and negotiating each of the five underlying contracts of sale, which consisted of contiguous R8-zoned parcels at 2871, 2873, 2875, 2877, and 2879 Valentine Avenue.