Redfan Moslh Muazeb pays $3M for retail in Williamsbridge

Redfan Moslh Muazeb through the entity 3600 Rd LLC paid $3 million to James K. Coleman through the entity RLJ 3600 LLC for the retail building (K1) at 3600 White Plains Road in Williamsbridge, Bronx.
The deal closed on July 15, 2025 and was recorded on August 1, 2025. The property has 5,518 square feet of built space and 19,096 square feet of additional air rights for a total buildable of 24,640 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $543 and the price per buildable square foot is $121 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 James K. Coleman was James K. Coleman. The signatory for Redfan Moslh Muazeb was Redfan Moslh Muazeb. The contract date was November 4, 2024.

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Redfan Moslh Muazeb had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller James K. Coleman had not purchased any other properties and had not sold any properties over the same time period. The 5,518-square-foot property generated revenue of $439,189 or $80 per square foot, according to the most recent income and expense figures.

The property

The retail building in Williamsbridge has 5,518 square feet of built space and 19,096 square feet of additional air rights for a total buildable of 24,640 square feet according to a PincusCo analysis of city data. The parcel has frontage of 100 feet and is 65 feet deep with a total lot size of 6,160 square feet. The lot is irregular. The zoning is R7A which allows for up to 4 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $2 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $150 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In Williamsbridge, The bulk, or 40 percent of the 6.9 million square feet of commercial built space are walkup buildings, with elevator buildings next occupying 26 percent of the space. In sales, Williamsbridge has the 22nd highest sale turnover among other neighborhoods in Bronx with $65.5 million in sales volume in the last two years. For development, Williamsbridge has had very little major development activity relative to other neighborhoods.It had 445,512 square feet of commercial and multi-family construction under development in the last two years, which represents 6 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of six of the 25 commercial properties representing 35,439 square feet of the 121,134 square feet. The largest owner is Alan A. Garvey, followed by Joel Wertzberger and then Lloyd Garten.
There are no active new building construction projects on this tax block.

The majority, or 76 percent of the 121,134 square feet of built space are walkup buildings, with mixed-use buildings next occupying 16 percent of the space.

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