Lynda Blumberg Of Friedman-Roth Realty Represents Sale Of Bronx Multifamily For $4.7M

The property asset involved in the transaction is a multifamily building located at 2877 Grand Concourse in the Bronx market. The sale price for the asset was $4,700,000, encompassing a total of 61 units. The property has a total square footage of 75,560, with a price per unit of $77,049 and a price per square foot of $62.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,700,000
• Units: 61
• Square Footage: 75,560
• Price Per Unit: $77,049
• Price Per Square Foot: $62

Lynda Blumberg from Friedman-Roth Realty represented the seller in this transaction, facilitating the sale of the property. This transaction highlights the active market for multifamily assets in the Bronx area, with a notable focus on unit count and overall size in the deal.