Alex Weiss & Corey Horowitz Acquire Retail Property On Third Avenue In South Bronx For $3.2M

The property involved in this transaction is located at 2805 Third Avenue in the South Bronx. It is a retail asset with a zoning designation of R6, C2-4. The total square footage of the property is 4,740, and the purchase price per square foot is $675. The sale price for this transaction was $3,200,000, and the building has a building square footage (BSF) of 12,123. The price per building square foot (PPBSF) is $263.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $3,200,000
• Address: 2805 Third Avenue, South Bronx
• Market: South Bronx
• Zoning: R6, C2-4

The buyers in this transaction were Alex Weiss and Corey Horowitz, while the seller was James Ross. The brokers involved in the deal were Scott Plasky from Plasky Retail Group at Marcus & Millichap and Giancarlo Cugini from JLL.