Joseph Friedman Acquires Multifamily Property In Mt Hope, Bronx For $4M

Located in Mt Hope, Bronx, the multifamily property at 14 Mount Hope Place has been sold in a closed transaction. The sale took place on October 31, 2023, with a sale price of $4,000,000. The property consists of 54 units, making the price per unit $74,074. The building size is 37,618 square feet, resulting in a price per square foot of $106. The total square footage of the property is 16,685, with a price per square foot of $240.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Property Address: 14 Mount Hope Place
• Market: Mt Hope, Bronx
• Units: 54
• Price per Unit: $74,074
• Building Size: 37,618 square feet
• Price per Building Square Foot: $106
• Total Square Footage: 16,685
• Price per Square Foot: $240

The buyer in this transaction is Joseph Friedman, while Neil Tepper is the seller. Additional details about the individuals and companies involved have not been provided.