Michael Ambrosi & Gary S Baumann Acquire Mixed Use Property In Unionport, Bronx For $16.1M

A mixed-use property located at 2244, 2246, and 2248 Westchester Avenue in Unionport, Bronx has been sold in a recent transaction. The property is situated on a lot size of 36,750 square feet and features zoning classifications of R5, C2-2, and C1-2. The sale took place on November 10, 2021, and the buyers were Michael Ambrosi and Gary S Baumann. The seller of the property was Carlos P Naudon.

Summary of transation details

• Property Type: Mixed Use
• Transaction Amount: $16,106,000
• Building Square Footage: 48,263
• Price per Building Square Foot: $334
• Lot Square Footage: 29,819
• Price per Square Foot: $540
• Floor Area Ratio (FAR): 0.81
• Tax Class: 4
• Last Sale Price: $0 (08/12/1998)
• Lot Dimensions: 306.5 ft x 125 ft

Notable factors about the deal include the buyers, Michael Ambrosi and Gary S Baumann, who acquired the property. The transaction represents the successful negotiation between the buyers and the seller, Carlos P Naudon. The property's characteristics provide potential for mixed-use development, with the zoning classifications allowing flexibility in the types of businesses that can be established.