Gameel Saeidi Purchases Retail Property From Koptiev Family For $1.35M In Bronx

The property involved in this transaction is a retail asset located at 1245 Southern Boulevard in the Bronx. The retail strip has a total square footage of 2,800 and was fully occupied at the time of sale. The sale price for the property was $1,350,000, resulting in a price per square foot of $482.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,350,000
• Address: 1245 Southern Boulevard
• Market: Bronx
• Square Footage: 2,800
• Price per Square Foot: $482
• Buyer: Gameel Saeidi
• Seller: Koptiev Family
• Broker Representatives: Scott Plasky, Alexander Arustamian & William Stephan - Marcus & Millichap

This transaction involved key individuals including the buyer, Gameel Saeidi, and the seller, Koptiev Family, with representation from brokers Scott Plasky, Alexander Arustamian, and William Stephan, who are associated with Marcus & Millichap. The property was a two-tenant retail strip, indicating a diverse tenant mix.