Baker Capital Group Acquires Mt. Vernon MultiFamily For $1.52M

A multifamily property located at 203 North 9th Ave. in Mt. Vernon has been sold for $1,525,000. The property comprises 12,000 square feet, resulting in a price per square foot of $127. It consists of 12 units, with a price per unit of $127,083. The previous sale of the property took place on April 28, 2010, at a price of $1,225,000.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $1,525,000
• Square Footage: 12,000
• Price per Square Foot: $127
• Units: 12
• Price per Unit: $127,083
• Previous Sale Price: $1,225,000 (4/28/2010)

The buyer of the property is Baker Capital Group, represented by Jordan Cohen and Don Bichoupan. Baker Capital Group is actively looking for investment properties in the Bronx and Westchester, and interested parties can contact Jordan Cohen at (516) 225-7509 or via email at [email protected], and Don Bichoupan at [email protected].