Ahsan Qazi Acquires Mixed-Use Property In Bronx, Throggs Neck For $1.8M

The property at 3800 East Tremont Avenue in Bronx, Throggs Neck has been sold in a closed transaction. The mixed-use asset was listed with an asking price of $1,900,000, and it was ultimately sold for $1,800,000. The property spans 6,700 square feet, resulting in a price per square foot of $268.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,800,000
• Address: 3800 East Tremont Avenue
• Market: Bronx, Throggs Neck

The seller of the property was Harry and Andrew Manesis, while the buyer was Ahsan Qazi. The deal was brokered by Anthony Mameli of MARCRE Property Group. It is worth noting that this was an off-market transaction and the property has a 4.2% capitalization rate (CAP).