Steven Westreich & Isaac Shrem Acquire Mixed-Use Property In Claremont Village, Bronx For $1.75M

Located in Claremont Village, Bronx, the mixed-use property at 1357 Webster Avenue recently changed hands in a sale transaction. The property features a total of 9 units, consisting of 8 apartments and 1 store. Spanning across 6,408 square feet, the property offers a diverse range of residential and commercial spaces to its occupants. The transaction took place on January 4, 2022, with a sale price of $1,750,000, resulting in a per unit price of $194,444. The price per square foot for the property stands at $273.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,750,000
• Units: 9
• Price Per Unit (PPU): $194,444
• Square Footage: 6,408
• Price Per Square Foot (PPSF): $273
• Market: Claremont Village, Bronx

The sale of 1357 Webster Avenue was facilitated by Joe Boines, who acted as the seller in the transaction. The buyers, Steven Westreich and Isaac Shrem, acquired the property as part of their portfolio. If you have any rent-stabilized properties with a tax class of 2B for sale, you can contact Steven Westreich at [email protected] or 914-755-5906, and Isaac Shrem at [email protected]. They are actively seeking such properties to expand their investment portfolio.