Yechiel Weinberger & Eric Miller Acquire North Bronx Multifamily Portfolio For $23M

A 3-building multifamily portfolio located at 2206 Holland Avenue, 730 East 236th Street, and 2260 Bronx Park East in North Bronx, Bronx has been sold in a recent transaction. The portfolio includes a total of 180 units with a sale price of $23,000,000. The price per unit was approximately $127,777, and the total square footage of the properties is 174,164. The price per square foot was around $132.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $23,000,000
• Units: 180
• Price per Unit: $127,777
• Total Square Footage: 174,164
• Price per Square Foot: $132

The buyers of the portfolio were Yechiel Weinberger and Eric Miller. The transaction was facilitated by the brokers Seth Glasser, Mike Fusco, and Benny Katz from Marcus & Millichap. These brokers represented the buyers in the deal.