KSR Development And Klosed Properties Acquire Mixed-Use Asset In Bronx For $2.7M
New York
See Similar DealsKSR Development And Klosed Properties Acquire Mixed-Use Asset In Bronx For $2.7M
2486 Hughes Avenue
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The property involved in this transaction is a mixed-use asset located at 2486 Hughes Avenue in the Bronx. It includes 9 residential units and 1 retail space. The sale price for this property was $2,700,000, which translates to a price per unit of $270,000. The total square footage of the property is 7,915, resulting in a price per square foot of $341.
Summary of transaction details:
- Property Type: Mixed-use (9 Resi + 1 Retail)
- Transaction Amount: $2,700,000
- Units: 10
- Price per Unit: $270,000
- Square Footage: 7,915
- Price per Square Foot: $341
- Buyer: KSR Development & Klosed Properties
- Date of Sale: 5/6/2025
- Market: Bronx
The deal was represented by Morris Sabbagh and Ceasar Salama, who played key roles in facilitating the transaction between the involved parties.
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