Jonathan Moinian Acquires 31-Unit Mixed Use Property In Bronx For $5.8M

260 Brook Avenue, located in the Bronx neighborhood of New York, has been sold for a price of $5,800,000. This mixed-use property spans over 23,293 square feet, resulting in a price per square foot of $249. The transaction included a total of 31 units, with an average price per unit of $187,000.

Summary of transaction details

• Property Type: Mixed Use
• Transaction Amount: $5,800,000
• Square Footage: 23,293 sf
• Price per Square Foot: $249
• Number of Units: 31
• Price per Unit: $187,000
• Market: Bronx

The seller of the property was Lalita Singh, while the buyer was New York Standard, represented by Jonathan Moinian. The deal involved the acquisition of a value-add property in the Bronx. For more information, Jonathan Moinian can be reached at [email protected] or on the website www.newyorkstnd.com.