VACANT LOT SELLS FOR $3.6M IN THE BRONX

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NEW YORK CITY — A vacant lot at 5959 Broadway in the Bronx has sold for $3.6 million. The property features 200 feet of frontage along Broadway and zoning allows for approximately 40,000 buildable square feet and 80,000 buildable square feet with a community use facility. Victor Sozio, Scot Hirschfield, Jesse Deutch and Jason Gold of Ariel Property Advisors represented the seller, a real estate investment firm, and the buyer, an affordable housing group, in the deal.

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