David Yeroshalmi pays $6.2M to Crown Acquisitions for retail building in Soundview

David Yeroshalmi through the entity Wilco Management LLC paid $6.2 million to Crown Acquisitions through the entity 1553 Westchester Ave. LLC for the retail building (K1) at 1553-1559 Westchester Avenue in Soundview, Bronx.
The deal closed on August 26, 2021 and was recorded on September 7, 2021.
The property has 9,600 square feet of built space and 14,996 square feet of additional air rights for a total buildable of 24,623 square feet according to PincusCo analysis of city data. The sale price per built square foot is $651 and the price per buildable square foot is $253 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)

The signatory for Crown Acquisitions was Isaac Chera. The signatory for David Yeroshalmi was David Yeroshalmi.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $63,000.

Direct link to Acris document. link