Multifamily Asset At 2705-2707 Morris Avenue Sold For $4.2M With Brokers Greg Corbin Chaya Milworn Felix Ades

The property asset involved in this transaction is a multifamily building located at 2705-2707 Morris Avenue in the Bronx. The sale price of the property was $4,200,000, which equates to a price per unit of $77,777. The total square footage of the asset is 49,000, resulting in a price per square foot of $85. The asset comprises a total of 54 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Units: 54
• Price Per Unit: $77,777
• Total Square Footage: 49,000
• Price Per Square Foot: $85
• Address: 2705-2707 Morris Avenue
• Market: Bronx
• Brokers: Greg Corbin, Chaya Milworn & Felix Ades - Northgate Real Estate Group

This transaction features brokers Greg Corbin, Chaya Milworn, and Felix Ades representing the sellers through Northgate Real Estate Group. The deal highlights significant involvement from these representatives in facilitating the sale of the multifamily asset within the Bronx market.