Uri Mermelstein Acquires Retail Property In Pelham Bay, Bronx For $3.96M

The property located at 3251 Westchester Avenue in Pelham Bay, Bronx, was recently sold in a transaction on December 20, 2021. The asset is a retail property with a zoning classification of R7-1, R5A, C2-4. The property has a lot size of 13,570 square feet, with dimensions of 145.5 feet by 93.75 feet.

Summary of transaction details

• Property Type: Retail
• Sale Date: 12/20/2021
• Address: 3251 Westchester Avenue
• Market: Pelham Bay, Bronx
• Buyer: Uri Mermelstein
• Seller: Anthony Pedatella
• Sale Price: $3,960,000
• Building Square Footage: 8,638
• Price per Square Foot: $458
• Land Square Footage: 13,570
• Last Sale Price: $0 (11/24/2014)
• Lot Dimension: 145.5 ft x 93.75 ft

The buyer, Uri Mermelstein, and the seller, Anthony Pedatella, were the key individuals involved in the transaction. The property was sold for a total price of $3,960,000, with a building square footage of 8,638 and a price per square foot of $458. The lot has a FAR (Floor Area Ratio) of 0.64 and falls under tax class 4.