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Geel Community Services Buys Development Site in the Bronx

Local Investors Sell Assemblage for $4.95 Million
The 66,500-square-foot development site at 3095-3101 Webster Ave. in the Bronx. (Cushman & Wakefield)
The 66,500-square-foot development site at 3095-3101 Webster Ave. in the Bronx. (Cushman & Wakefield)
By Kevin Watson
CoStar Research
September 13, 2019 | 2:18 P.M.

Geel Community Services purchased a 66,500-square-foot development site in the Bronx from a joint venture of local investors for $4.95 million, or about $74 per square foot.

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