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NEW YORK CITY- Bolivar Development has acquired 3041 WebsterAve. in the Bronx, an 85,000-buildable-square-foot developmentopportunity, from Sam's Carpet for $6.4 million. Jones Lang LaSallearranged the transaction.
"This was an incredible opportunity for Bolivar Development toacquire a significant development opportunity in the vibrant Bronxneighborhood of Norwood," JLL's Managing Director Karl Brumbacksaid in a prepared statement. "3041 Webster Ave. is the ideallocation for a mixed-use project with excellent publictransportation options and easy access to some of New York's mostbeautiful green spaces."
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
