McDonald's Acquires Retail Property In Morrisania, Bronx For $3.15M

The property asset involved in this transaction is a retail space located at 3285 Third Ave in the Morrisania neighborhood of Bronx. The property was sold on January 23, 2019 for a sale price of $3.15 million. The retail space measures 3,530 square feet, resulting in a price per square foot of $892.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3.15M
• Square Footage: 3,530
• Price per Square Foot: $892
• Address: 3285 Third Ave
• Market: Morrisania, Bronx

The seller of the property was SoBro Org., while the buyer was McDonald's. The deal was facilitated by brokers Christopher Gillis, Jason Meister, and Marion Jones from Ackman Ziff.