Alkafi Family Purchases Mixed-Use Property From Luis Salcedo For $1.8M In Bronx

The property at 1570 Webster Avenue, located in the Claremont area of Bronx, features a mixed-use asset comprising six apartments and three stores. The sale was concluded for $1,800,000, representing a price per unit of $200,000, and encompasses a total square footage of 11,921, which translates to a price per square foot of $150.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,800,000
• Units: 9
• Price Per Unit: $200,000
• Square Footage: 11,921
• Price Per Square Foot: $150
• Buyer: Alkafi Family
• Seller: Luis Salcedo
• Broker Representatives: Jared Friedman, David Roman & Brandon Levy - Investment Property Realty Group (IPRG)

The transaction involved key individuals, including the Alkafi Family as the buyer and Luis Salcedo as the seller. The brokerage team representing the deal was from Investment Property Realty Group, consisting of Jared Friedman, David Roman, and Brandon Levy.