Michael Zervos Acquires Retail Property In Wakefield, Bronx For $4.9M

The retail property located at 980 E. 233rd St. in Wakefield, Bronx has been sold for a price of $4,900,000. The transaction took place on 06/01/2021 and involved the buyer, Michael Zervos, and the seller, RJ Capital Holdings represented by Rudolf Abramov. The property spans approximately 6,864 square feet, resulting in a price per square foot of $713. The market for this asset was Wakefield, Bronx. The tenants of the retail space are Subway and Dunkin.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,900,000
• Date: 06/01/2021
• Address: 980 E. 233rd St.
• Buyer: Michael Zervos
• Seller: RJ Capital Holdings - Rudolf Abramov
• Tenants: Subway, Dunkin

Representing the buyer and seller in this deal were Michelle Abramov and Albert Aranbaev from ssetCRG. They played a key role in the successful completion of the transaction.