Guido Subotovsky Acquires Development Site In Kingsbridge, Bronx For $1.45M

The development site located at 3029 Godwin Terrace in Kingsbridge, Bronx has been sold in a closed transaction. The property was sold by the Roman Catholic Church of Saint John & Visitation, and the buyer is Guido Subotovsky. The sale was facilitated by brokers Karl Brumback and Eric Tiefen of JLL. The transaction took place on August 14, 2020, and the sale price amounted to $1,450,000.

Summary of Transaction Details

• Property Type: Development site
• Transaction Amount: $1,450,000
• Property Address: 3029 Godwin Terrace, Kingsbridge, Bronx
• Market: Kingsbridge, Bronx
• Buyer: Guido Subotovsky
• Seller: Roman Catholic Church of Saint John & Visitation
• Brokers: Karl Brumback & Eric Tiefen - JLL

The development site has a building square footage (BSF) of 20,216 square feet. The price per buildable square foot (PPBSF) is $71. The sale of this property marks an important transaction in the Kingsbridge market.