Ariel Property Advisors Brokers $19.1M Sale Of Mixed-Use Property In Longwood, Bronx

A mixed-use property located at 950 Westchester Avenue in the Longwood neighborhood of the Bronx has been sold for a total price of $19,100,000. This property spans a total square footage of 159,903, with an average price per square foot of $119. The transaction involved the sale of 120 units, with an average price per unit of $159,167.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $19,100,000
• Square Footage: 159,903 sq ft
• Price per Square Foot: $119
• Address: 950 Westchester Avenue, Longwood, Bronx
• Number of Units: 120
• Price per Unit: $159,167

Ariel Property Advisors represented the sellers and buyers in this transaction. The brokers involved in the deal were Victor Sozio, Shimon Shkury, Jason M. Gold, Howard Raber, and Daniel Mahfar.