Ariel Property Advisors Arranges $7 Million Sale Of Multifamily Site At 114 Bruckner Boulevard

A 9,500-square-foot multifamily development site located at 114 Bruckner Boulevard in the Bronx has been sold for $7,000,000. This particular site is eligible for 68,400 buildable square feet under the City of Yes program, enhancing its potential for development in the area.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,000,000
• Square Footage: 9,500
• Price per Square Foot: $737
• Address: 114 Bruckner Boulevard
• Market: Bronx

The sale was arranged by brokers Jason M. Gold and Gabriel Elyaszadeh from Ariel Property Advisors, representing the parties involved in this transaction.