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Acquisitions

Moonlight Properties acquires 2400 Cambreleng Ave

Martin Kirzner is the seller

2400 Cambreleng Avenue (Credit: Ariel Property Advisors)

Ryan and Bradley Zar of Moonlight Properties have acquired 2400 Cambreleng Avenue in the Bronx from Martin Kirzner of Sharp Management for $3.9 million. The Belmont mixed use building spans 12,830 square feet and contains 16 rent stabilized units, as well as three ground floor retail units. Tenants occupying the retail units include a Barbershop and Deli.

Brokers: The deal was brokered by Victor Sozio, Jason Gold, and Daniel Mahfar of Ariel Property Advisors.

Flashback: The seller paid $2.025 million for the property in 2015.

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