Chaim Cohen Acquires Multifamily Property In Fordham / Soundview For $18.4M

The multifamily property located at 2240-2242 Tiebout Avenue and 1160 Evergreen Avenue in the Fordham/Soundview area was recently sold. The property consists of a total of 108,445 square feet and was sold for a sale price of $18,400,000, slightly below the asking price of $18,450,000. This translates to a price per square foot of $169.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $18,400,000
• Square Footage: 108,445
• Asking Price: $18,450,000
• Sale Price per Square Foot: $169
• Market: Fordham / Soundview

The seller of the property was the Milchman Family. On the buyer's side, Chaim Cohen acquired the property. Greg Corbin and Lynda Blumberg of Insert Agency Name represented both parties in the transaction.