Bronx parcels adjacent to Phipps Houses rental sell for $3.5M

The anonymous entity 933-939 Courtlandt LLC paid Petros Mamais’s Mamais Realty LLC $3.5 million for 939 Courtlandt Avenue and 933 Courtlandt Avenue in Bronx. The deal closed on April 15, 2020, and was recorded on April 20, 2020. The transaction consists of 2 parcels, including the tax class miscellaneous warehouse (E9). The parcel(s) have total development potential of 12,413 square feet.
The average sale price per square foot is $282.

933 Cortlandt Avenue is adjacent to 929 Cortlandt Avenue, an apartment building owned by Phipps Houses.

Direct link to Acris document. link
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