Private Investment Company Sells Multifamily Property In Bronx For $7.7M With CBRE's Elli Klapper, Charles Berger, Jay Gelbtuch As Seller's Reps

A multifamily property located at 1654 Monroe Avenue in New York's Bronx market has been sold in a closed transaction. The property consists of 50 units with a price of $7,700,000, resulting in a per unit price of approximately $154,000.

Summary of transaction details

• Property Type: Multifamily Property
• Transaction Amount: $7,700,000
• Units: 50
• Price Per Unit: $154,000
• Seller: Private Investment Company
• Buyer: Undisclosed buyer

CBRE’s Elli Klapper, Charles Berger, and Jay Gelbtuch represented the seller as the broker in this transaction.