The asset involved in the transaction is an office property located at 4350 Van Cortlandt Park East in the Woodlawn area of Bronx. The property was sold for $1,550,000, encompassing a total of 6,512 square feet, which equates to a price per square foot of $238.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,550,000
• Address: 4350 Van Cortlandt Park East
• Market: Woodlawn, Bronx
• Square Footage: 6,512
• Price per Square Foot: $238
• Buyer: Grunstein Family
• Seller: Annette Pappalardo
• Brokers: Jared Friedman, David Roman & Brandon Levy - Investment Property Realty Group (IPRG)

The transaction was facilitated by the brokerage team of Jared Friedman, David Roman, and Brandon Levy, who represented the seller Annette Pappalardo, ensuring a comprehensive approach to the sale process and aligning the interests of the involved parties.