Empire State Equities Acquires Retail Condo In Bronx's Bedford Park For $1.45M

A retail condo located at 2962 Jerome Avenue in The Bedford Park neighborhood of Bronx was recently sold in a closed transaction. The property measures 2,856 square feet and was sold for a sale price of $1,450,000. The asking price for the retail condo was $1,600,000, resulting in a price per square foot of $507.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $1,450,000
• Address: 2962 Jerome Avenue
• Market: The Bedford Park, Bronx
• Square Footage: 2,856

The seller of the retail condo was Russ Friedman, while the buyer was Empire State Equities represented by Paul Sohayegh. The brokers involved in the deal were John Squires and Addison Berniker.