Anthony Milohnic Sells Multifamily Property In Parkchester, Bronx For $2.1M With Richard Guarino - Friedman-Roth Realty As The Broker | 1541 White Plains Road | Richard Guarino | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

13,280 sqft

A multifamily property located at 1541 White Plains Road in Parkchester, Bronx has been sold for $2,100,000. The property consists of 19 units with an average price per unit of $110,526. The total square footage of the property is 13,280, resulting in a price per square foot of $158.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $2,100,000
Address: 1541 White Plains Road, Parkchester, Bronx
Market: Parkchester, Bronx

The seller of the property is Anthony Milohnic. The deal was facilitated by Richard Guarino, a broker from Friedman-Roth Realty. The transaction also involved Langsam Property Services, as noted by the broker. The Gross Rent Multiplier (GRM) for the property is 7.5, and the capitalization rate (Cap) is 7.2%.

Players

All
2

Agents
1
Agencies
1

Richard Guarino

Partner

$244.3M Sold

Friedman-Roth Realty

Details

Deal Summary

SOLD

IMAGE: Richard Guarino DATE: 09/28/2023 ADDRESS: 1541 White Plains Road MARKET: Parkchester, Bronx ASSET TYPE: Multifamily SELLER: Anthony Milohnic BROKERS: Richard Guarino (@RichardThomas_NYC) - Friedman-Roth Realty (@FriedmanRoth) SALE PRICE: $2,100,000 UNITS: 19 ~ PPU: $110,526 SF: 13,280 ~ PPSF: $158 NOTE FROM BROKER: Special thanks to Langsam Property Services! 7.5 GRM 7.2% Cap

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Address1541 White Plains Road

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