Al Kayum Purchases Mixed-Use Property From Shri Deshmoukh In Bronx For $2.2M

This mixed-use property, located at 1 East Burnside Avenue in the Bronx, consists of 4 commercial units and 8 residential units. It was recently sold for $2,200,000, featuring a total square footage of 13,044, which translates to a price per square foot of $168 and a price per unit of $183,333.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,200,000
• Units: 12
• Square Footage: 13,044
• Price Per Square Foot: $168
• Price Per Unit: $183,333
• Buyer: Al Kayum
• Seller: Shri Deshmoukh
• Broker: David Simone - Concourse Realty

David Simone represented Shri Deshmoukh in this transaction, facilitating the sale between the buyer, Al Kayum, and the seller. The property deal was completed on January 26, 2026.