The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

A development assemblage consisting of three contiguous lots in the Williamsbridge section of the Bronx has recently sold for a combined $2,480,000. The three lots total approximately 86,000 residential buildable square feet with over 200 feet of frontage on White Plains Road.

The L-shaped lot at 3677-81 White Plains Road, consists of approximately 33,400 buildable square feet. The site sold in an all-cash transaction valued at $930,000. In a separate transaction, the lots at 3673 White Plains Road and 3687 White Plains Road were sold in an all-cash transaction valued at $1,550,000. The two lots total approximately 52,800 buildable square feet.

The assemblage offers easy access to the subway, White Plains Road commercial corridor, Gun Hill Road, and the Bronx River Parkway.

A local developer purchased all three parcels and will construct a multifamily apartment building.

Massey Knakal Director of Sales Karl Brumback exclusively handled this transaction.

Click here for press release

Neighborhoods: Williamsbridge/ Agents: Karl Brumback