Stav Equities acquires development site at 1923 Harrison Ave. for $1 million

Bronx, NY A fully detached, legal two-family property located at 1923 Harrison Ave. in the Morris Heights section of the borough has traded for $1 million. The asset was acquired by Jacob Stavsky and Max Orlofsky of Stav Equities LLC from the Villafane family, who had owned the property since 1973.

Situated on a high-density R7 zoned lot, the buyer plans to redevelop the site into a 34-unit residential building. Construction timelines have not yet been announced and will be subject to approvals.

Alicia Afflick of ACG Realty NY LLC represented the seller in the marketed transaction.

Tags: Brokerage New York City

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