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Phipps Houses Acquires Mixed-Use Property In Belmont, Bronx For $3.5M

Property Image
SOLD
$3,500,000

New York

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Mixed-use5,770 SF
Sold 07/13/2023
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Property Image
SOLD

Phipps Houses Acquires Mixed-Use Property In Belmont, Bronx For $3.5M

800 East 182nd Street Bronx, New York 10460, USA

See Similar Deals
Mixed-use5,770 SF
Sold 07/13/2023
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$606
Total Square Footage:5,770 SF
Transaction Type:Sale

The mixed-use building at 800 East 182nd Street in Belmont, the Bronx, was sold for $3.5 million. The buyer, Phipps Houses, acquired the property from Joseph Daniel Zola's entity, 800 East 182nd Street Corp. The building has a total square footage of 5,770, with a price per square foot of $607. The sale price per buildable square foot is $176, and the building has a total buildable square footage of 19,848.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Address: 800 East 182nd Street, Belmont
  • Market: Belmont
  • Buyer: Phipps Houses - Matthew Kelly
  • Seller: Joseph Daniel Zola
  • Building Square Footage: 5,770
  • Price per Square Foot: $607
  • Sale Price per Buildable Square Foot: $176
  • Total Buildable Square Footage: 19,848

Matthew Kelly, representing Phipps Houses, was the buyer in this transaction. On the other hand, Joseph Daniel Zola was the seller. The mixed-use building at 800 East 182nd Street is located in Belmont, the Bronx, and has been successfully transferred from Zola's ownership to Phipps Houses.

Players

2 deals$14M volume
BUYER

Details

SOLD
IMAGE: 07/13/2023 ADDRESS: 800 East 182nd Street MARKET: Belmont ASSET TYPE: Mixed-use BUYER: Phipps Houses - Matthew Kelly SELLER: Joseph Daniel Zola SALE PRICE: $3,500,000 BSF: 19,848 ~ PPBSF: $176 SF: 5,770 ~ PPSF: $607 NOTE: Phipps Houses acquired the mixed-use building at 800 East 182nd Street in Belmont, the Bronx, for $3.5 million from Joseph Daniel Zola's entity, 800 East 182nd Street Corp.

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