Moonlight Properties Acquires Mixed-Use Property In Belmont, BX For $3.9M

Located at 2400 Cambreleng Ave. in Belmont, BX, this mixed-use property has recently been sold in a closed transaction. The property spans across 12,830 square feet, offering a diverse range of potential uses. The sale price for this property was $3,900,000, resulting in a price per square foot of $304. The transaction also included a per unit price of $195,000.

Summary of transaction details:

• Property Type: Mixed-Use
• Sale Price: $3,900,000
• Square Footage: 12,830
• Price Per Square Foot: $304
• Price Per Unit: $195,000

The seller of this property was Sharp Management, represented by Martin Kirzner. Moonlight Properties, represented by Ryan Zar & Bradley Zar, acted as the buyer in this transaction. Victor Sozio, Jason Gold, and Daniel Mahfar from Ariel Property Advisors and Royal Properties Inc. served as the brokers involved in the deal.