Stephen Panos Acquires Other Miscellaneous Property In Port Morris, Bronx For $37.8M

A commercial property located at 900 East 138 Street in Port Morris, Bronx has been sold for a total price of $37,775,000. The property falls under the category of Other Miscellaneous and has a zoning designation of M3-1. The building has a total square footage of 35,681 and a price per square foot of $1,058. The sale also includes a buildable square footage of 71,362, with a price per buildable square foot of $529. The lot size measures 35,681 square feet.

Summary of transaction details:

• Property Type: Other Miscellaneous
• Transaction Amount: $37,775,000
• Address: 900 East 138 Street, Port Morris, Bronx
• Market: Port Morris, Bronx
• Zoning: M3-1
• Square Footage: 35,681
• Price per Square Foot: $1,058
• Buildable Square Footage: 71,362
• Price per Buildable Square Foot: $529

The buyer in this transaction is Stephen Panos, while Eugene W Kiesel is the seller. The property was last sold on May 31, 2006, for a price of $5,151,250. The lot dimensions for this property are 175 feet by 203.89 feet. The property is classified under tax class 4 and has a floor area ratio (FAR) of 1.00. Additionally, an alteration permit of type 2 was issued on June 2, 2003.