Simone Development Acquires Retail Property In Woodstock, Bronx For $32M

The retail property located at 459 East 149th Street in Woodstock, Bronx has been sold for $32,000,000. The asset encompasses a total of 49,720 square feet, resulting in a price per square foot of $643. The property, situated on a lot with dimensions of 227.03 ft x 251.43 ft, was part of a closed transaction.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $32,000,000
• Square Footage: 49,720
• Price per Square Foot: $643
• Address: 459 East 149th Street, Woodstock, Bronx
• Market: Woodstock, Bronx

The buyer in this transaction is Simone Development, while the seller is Triangle Equities. The deal was facilitated by the brokers Steven Rutman, Karl Brumback, Nicco Lupo, and Madison Warwick from JLL.