Ariel Property Advisors Brokers $26M Sale Of Parkchester Multifamily Property

The multifamily property located at 1500 Noble Avenue in Parkchester, Bronx has been sold in a closed transaction. The property consists of 237 units with a price per unit of $109,705. The total square footage of the property is 265,625, with a price per square foot of $98. The sale price for the property was $26,000,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $26,000,000
• Units: 237
• Price Per Unit: $109,705
• Square Footage: 265,625
• Price Per Square Foot: $98
• Address: 1500 Noble Avenue
• Market: Parkchester, Bronx

The transaction was facilitated by Ariel Property Advisors, represented by brokers Victor Sozio, Shimon Skury, Jason M. Gold, Daniel Mahfar, and Gabriel Elyaszadeh.