Woodycrest Development LLC Acquires 2 Contiguous Properties In Bronx For $2.2M

Located at 966-972 Woodycrest Avenue in New York City's Bronx market, two contiguous properties were recently sold on 12/14/17. The properties were purchased by Woodycrest Development LLC for a total price of $2,200,000.

Summary of transaction details:

• Property Type: 2 Contiguous Properties
• Transaction Amount: $2,200,000
• Address: 966-972 Woodycrest Avenue
• Market: Bronx

The sellers of the properties were two different private sellers. The deal was facilitated by Steven Westreich & Ariel Benyacov from Westbridge Realty Group, who represented both the buyer and the sellers.

The properties are situated on a combined 125 x 100 ft development lot in the High Bridge area. With a total of 43,000 SF of development potential, the price per buildable square foot comes out to be approximately $51.