Aziz A Tareb Acquires Retail Property In Mount Hope, Bronx For $4M
New York
See Similar DealsAziz A Tareb Acquires Retail Property In Mount Hope, Bronx For $4M
17 East Tremont Avenue, The Bronx, New York 10453, United States
See Similar DealsSummary
Located at 17 East Tremont Avenue in Mount Hope, Bronx, this retail property was recently sold on December 7, 2021. The asset, with a total building square footage (BSF) of 29,107, sits on a lot size of 4,835 square feet. The property is zoned under C4-4D, allowing for various commercial uses. The transaction involved a buyer named Aziz A Tareb and a seller named Vincent Tomasino Jr. The sale price for the property was $4,000,000, resulting in a price per BSF (PPBSF) of $137 and a price per square foot (PPSF) of $827.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 17 East Tremont Avenue, Mount Hope, Bronx
- Market: Mount Hope, Bronx
- Zoning: C4-4D
It is worth noting that the property has a floor area ratio (FAR) of 1.00 and falls under tax class 4. The lot dimension measures 50.14 ft x 98.55 ft. The last recorded sale for the property occurred on January 17, 2014, with a sale price of $2,215,038.
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