Multifamily Property At 1704 Seddon Street Sold For $3,400,000 With Daniel Mahfar & Erik Moloney

The asset involved in the transaction is a multifamily property located at 1704 Seddon Street in the Westchester Square area of Bronx. The sale price of the property was $3,400,000, featuring a total of 48 units. The square footage is 42,140, with a price per unit of $70,833 and a price per square foot of $81.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,400,000
• Units: 48
• Square Footage: 42,140
• Price Per Unit: $70,833
• Price Per Square Foot: $81
• Address: 1704 Seddon Street
• Market: Westchester Square, Bronx
• Seller's Representatives: Daniel Mahfar & Erik Moloney - Ariel Property Advisors

The transaction was represented by Daniel Mahfar and Erik Moloney from Ariel Property Advisors, who also noted that their agency has over 2,000 multifamily units available in the Bronx, comprising free market assets, rent stabilized properties, and value-add affordable portfolios. Interested parties can reach out for similar opportunities through provided contact details.