Edward Ostad Acquires Retail Property In Fordham, Bronx For $10.5M

Located in Fordham, Bronx, the retail property at 2374-2386 Grand Concourse has been sold in a closed transaction. The property spans across 19,433 square feet and was acquired for a total sale price of $10,500,000, resulting in a price per square foot of $540. The transaction took place on January 6, 2022.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $10,500,000
• Address: 2374-2386 Grand Concourse
• Market: Fordham, Bronx

Edward Ostad has purchased the property from Vanbarton Group. The deal involved three brokers representing the parties, namely Victor Sozio, Jason Gold, and Daniel Mahfar of Ariel Property Advisors.