Access Realty Management pays $4M for property in Morrisania

Aziz Tareb’s Access Realty Management Corp. through the entity 839 Prospect LLC paid John Pernicone’s Franciacorta Properties, LLC $4 million for 839 Prospect Avenue in Morrisania. The deal closed on February 4, 2021 and was recorded on February 16, 2021. The transaction consists of 1 parcel, including the tax class one-story store building (K1). The property is 9,650 square feet.
The average sale price per square foot is $415.

The contract date was November 20, 2020. John Pernicone is principal of New York Commercial Property Group and Mediolanum Real Estate Investors.
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