SOLD
Isaac Malekan Acquires Mixed-use Property On Prospect Avenue From Gurinder Singh In Foxhurst, Bronx
1066 Prospect Avenue
Mixed-use
10,838 SF
10,838 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Mixed-use
10,838 sqft
A mixed-use property located at 1066 Prospect Avenue in the Foxhurst neighborhood of Bronx has been sold in a closed transaction. The property spans across 10,838 square feet and includes a total of 5 units. The asking price for this property was $2,500,000, and it was eventually sold for $2,100,000, which translates to a price per square foot of $194. The deal was finalized on July 14, 2020.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,100,000
- Square Footage: 10,838
- Asking Price: $2,500,000
- Price per Square Foot: $194
Gurinder Singh, the seller of the property, entered into an agreement with Isaac Malekan, who became the new owner. The deal was facilitated by Richard Torres and Cayce Ortale, who represent RAS Equity Partners in this transaction.
Players
All
2
Agents
2
Details
SOLD
IMAGE: IMAGE: Richard Torres & Cayce Ortale
DATE: 07/14/2020
ADDRESS: 1066 Prospect Avenue
MARKET: Foxhurst, Bronx
ASSET TYPE: Mixed-use
ASKING PRICE: $2,500,000
SALE PRICE: $2,100,000
SF: 10,838 PPSF: $194
UNITS: 5 PPU: $420,000
SELLER: Gurinder Singh
BUYER: Isaac Malekan
BROKERS: Richard Torres & Cayce Ortale @RASEquityPartnersView on map
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Address1066 Prospect Avenue
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