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Criterion Group Acquires Industrial Property On Fordham Place In Bronx For $4.85M

Property Image
SOLD
$4,850,000

New York

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Industrial101,680 SF
Sold 01/13/2021
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Property Image
SOLD

Criterion Group Acquires Industrial Property On Fordham Place In Bronx For $4.85M

233 Fordham Place, Bronx, NY, USA

See Similar Deals
Industrial101,680 SF
Sold 01/13/2021
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$47
Total Square Footage:101,680 SF
Transaction Type:Sale

Criterion Group, represented by Shibber Khan, has acquired an industrial property located at 233 Fordham Place in the Bronx. The property, situated in the M1-1 zone, spans a total of 101,680 square feet and was sold by JRP Industries, with John R. Philip acting as their representative. The transaction took place on January 13, 2021, and the property was sold for a total price of $4,850,000, at a price per square foot of $47. The previous sale of the property occurred in May 2005, with a recorded amount of $2,575,625.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,850,000
  • Date: 01/13/2021
  • Address: 233 Fordham Place
  • Market: Bronx
  • Zoning: M1-1
  • Buyer: Criterion Group - Shibber Khan
  • Seller: JRP Industries - John R. Philip
  • Building Square Footage: 101,680 SF
  • Price per Square Foot: $47
  • Last Sale Price: $2,575,625 (5/2005)

Players

Shibber A Khan
Criterion Group
Shibber A Khan
6 deals$159.5M volume
BUYER

Details

SOLD
IMAGE: Shibber Khan DATE: 01/13/2021 ADDRESS: 233 Fordham Place MARKET: Bronx ASSET TYPE: Industrial ~ ZONING: M1-1 BUYER: Criterion Group - Shibber Khan SELLER: JRP Industries - John R. Philip PRICE: $4,850,000 BSF: 101,680 SF ~ PPBSF: $47 LAST SALE: $2,575,625 (5/2005)

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