Rick Herman Acquires Multifamily Property On Grand Concourse, Bedford Park, Bronx For $3.1M

Located in Bedford Park, Bronx, the multifamily property at 2850 Grand Concourse has been sold in a recent transaction. The deal, finalized on 03/22/2021, involved a sale price of $3,100,000. The property spans 24,315 square feet and has a price per square foot of $127. It comprises 21 units, resulting in a price per unit of $147,619. The buyer in this transaction was Rick Herman, while the seller was Pablo Enamorado. The transaction was facilitated by @StevenSaljanin of XIT Realty Private Client.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $3,100,000
• Date: 03/22/2021
• Address: 2850 Grand Concourse
• Market: Bedford Park, Bronx
• Buyer: Rick Herman
• Seller: Pablo Enamorado
• Broker: @StevenSaljanin of XIT Realty Private Client
• Square Footage: 24,315
• Price per Square Foot: $127
• Units: 21
• Price per Unit: $147,619

The transaction at 2850 Grand Concourse in Bedford Park, Bronx not only featured the buyer Rick Herman and the seller Pablo Enamorado but was also facilitated by @StevenSaljanin from XIT Realty Private Client. The property, with its 21 units and a total square footage of 24,315, was sold for $3,100,000. This successful transaction highlights the vibrant real estate market in this area.