RJ Block Properties Acquires Mixed-Use Property In Morris Heights, Bronx For $8.04M

The mixed-use property located at 1893 Andrews Avenue South in Morris Heights, Bronx, was recently sold for a total price of $8,040,000. The property spans a total of 59,516 square feet, resulting in a price per square foot of $135. The transaction took place on October 8, 2021.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,040,000
• Address: 1893 Andrews Avenue South
• Market: Morris Heights, Bronx
• Zoning: R5, C2-4

The buyer, RJ Block Properties, acquired the property from Galaxy General Contracting Corporation. The sale was facilitated by Shallini Mehra & Amit Doshi from the Meridian Capital Group, who represented both parties in the transaction.