Anthony Milohnic Sells Multifamily Property In Parkchester, Bronx For $2.1M With Richard Guarino - Friedman-Roth Realty As The Broker

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%.