Private Investor Acquires Development Site In Bronx For $4.5M
1610 Eastchester Road
Development Site
21,678 SF
21,678 SF
Sold 1 year ago
Summary
The development site located at 1610 Eastchester Rd in New York City's Bronx market has been sold for $4,500,000. Spanning over 21,678 square feet, the property was sold at a rate of $207 per square foot. The seller of the site was Arnold Klapow, while the buyer was a private investor. The transaction was facilitated by Silber Investment Properties, with Michael J. Marino representing the buyer.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $4,500,000
- Square Footage: 21,678 sf
- Price per Square Foot: $207
- Address: 1610 Eastchester Rd, New York, NY
- Market: Bronx
Michael J. Marino from Silber Investment Properties played a crucial role in representing the buyer in this transaction. The deal signifies the confidence of a private investor in the potential of the development site located at 1610 Eastchester Rd.
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1610 Eastchester Road
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