Chestnut Holdings Acquires Mixed-use Property In Bronx For $3.8M

Located at 402 East 162nd Street in the Bronx, this mixed-use property was recently sold for a transaction amount of $3,800,000. The property spans 12,900 square feet and has a price per square foot of $294. The sale took place on November 17, 2021, and featured Chestnut Holdings as the buyer and Steve Satz as the seller.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,800,000
• Address: 402 East 162nd Street, Bronx
• Market: Bronx
• Buyer: Chestnut Holdings
• Seller: Steve Satz
• Broker: Timour Shafran - Citicore
• Square Footage: 12,900
• Price per Square Foot: $294

The deal was facilitated by Timour Shafran of Citicore, who represented the buyer Chestnut Holdings. The transaction marks a successful acquisition in the Bronx market, further solidifying the area's appeal for mixed-use properties.