Rick Herman Acquires Multifamily Property In North Bronx For $7M

Located at 2105 Walton Avenue in the North Bronx, this multifamily property was recently sold in a transaction facilitated by brokers Peter Von Der Ahe, Seth Glasser, and Michael Fusco from arcusMillichap_NY @NewYorkMultifamily. The sale took place on August 4th, 2020, with a purchase price of $7,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,000,000
• Square Footage: 51,165
• Price per Square Foot: $136
• Address: 2105 Walton Avenue
• Market: North Bronx

The buyer in this transaction was Rick Herman, while the seller was Martin Kirzner. The brokers involved, Peter Von Der Ahe, Seth Glasser, and Michael Fusco, represented the respective parties in the deal. No additional information was provided regarding financing or any potential notes related to the transaction.