Mike Schmid Of Shapiro Glass Co. Acquires Industrial Property In Bronx For $2.725M

The asset involved in the transaction is an industrial property located at 225 Willow Avenue in the Bronx, featuring a sale price of $2,725,000. The property encompasses a total area of 9,360 square feet, which translates to a price per square foot of $291.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,725,000
• Address: 225 Willow Avenue
• Market: Bronx
• Square Footage: 9,360
• Price per Square Foot: $291
• Buyer: Mike Schmid - Shapiro Glass Co.
• Seller: Melnick Family
• Brokers: Federico Mazzeo & Ariel Castellanos - Pinnacle Realty of New York

Ariel Castellanos and Federico Mazzeo of Pinnacle Realty of New York successfully represented both the Seller and Purchaser in this transaction. The Purchaser, Shapiro Glass Corp, an owner-user, ensured a smooth and seamless closing process.