David Yero Acquires Retail Property In Bronx For $6.25M

The property involved in this closed transaction is a retail asset located at 1553-1559 Westchester Avenue in the Bronx. The property has a total square footage of 19,626, with a sale price of $6,250,000. The building has a buildable square footage of 34,452 and a price per buildable square foot of $181. The property is zoned as C4-2 and is situated on a lot with dimensions of 100.17 feet by 104.58 feet.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $6,250,000
• Market: Bronx
• Zoning: C4-2

The buyer in this transaction is David Yero, while the seller is Crown Acquisitions. The brokers who facilitated the deal were Nathan Elmekies and Isaac Mograby from Elmekies Equities.