KZA Realty closes $1.8M deal for Southern Boulevard property
KZA Realty Group has secured
the $1.8 million sale
of a developmental property
located in the Morrisania
section of the Bronx. The
property, which has been
purchased as an investment
opportunity by the owner, is
located at 1155-1159 Southern
Blvd., between Home
Street and and 167th Street.
Plans for the property have
yet to be disclosed.
Kathy Zamechansky,
alongside Duley Paniagua
of KZA Realty Group, represented
both the seller, Texas
Southern, LLC, and the
buyer, 1150 Southern Blvd.
Partners, during the sale of
the developmental property.
The lot spans across
7,500 square feet and currently
holds two multi-level
buildings that are, respectively,
9,500 square feet and
4,750 square feet in size. The
buildings face the eastern
side of Southern Boulevard,
which is home to other small
businesses in the area. The
property is within walking
distance to the No. 2 and No.
5 subway station at Freeman
Avenue and the No. 6 subway
station at Whitlock Avenue.
“As a company who is
The commercial property located at 1155-1159 Southern Blvd., has been purchased for $1.8 million. Photo courtesy KZA Realty
committed to the development
of the Bronx, we are
thrilled to help support ventures
that breathe new life
into our community” said
Zamechansky, president of
KZA Realty Group. “The
sale of this property shows
that real estate in the Bronx
is still thriving despite
many of the fi nancial hardships
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Located in the southwestern
section of the Bronx,
Morrisania is a residential
neighborhood known for its
unique history and diversity.
The area is home to an
abundance of cultural organizations,
public institutions,
like the New York
Public Library’s Morrisania
Branch at East 169th Street,
and community programs
dedicated to the neighborhood’s
lively music scene.
-Bronx Times
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