David Samoil Acquires Retail Property From Drew Maniglie In Bronx For $1.8M

The property involved in this transaction is a retail asset located at 2961 Webster Avenue in the Bronx market. The sale price for the property was $1,800,000, with a total area of 3,500 square feet, resulting in a price per square foot of $514. The transaction reflects a capitalization rate of 5%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,800,000
• Address: 2961 Webster Avenue
• Market: Bronx
• Square Footage: 3,500
• Price per Square Foot: $514
• Cap Rate: 5%
• Buyer: David Samoil
• Seller: Drew Maniglie
• Broker Representatives: Kathy Zamechansky & David Simone - Concourse Realty

Kathy Zamechansky and David Simone represent Concourse Realty and bring over 60 years of combined experience, with a unique focus on the Bronx market, to this transaction involving the buyer, David Samoil, and seller, Drew Maniglie.