Let’s face it: We already knew that developers were going to set their eyes on The Bronx, often called “The Last Frontier” by real estate developers and moguls due to The South Bronx’s proximity to Manhattan and excellent transportation network but as speculative purchases are made on properties far more than their actual worth, is it over for those trying to make a quick buck on our back?
198 E 135th Street, which was owned by storage company CubeSmart, was sold on May 12, 2015 for $15,470,000 to Deegan 135 Realty LLC.
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