Ari Samuel Acquires 9-Unit Multifamily Property In Bronx For $1.825M

The property located at 289 Bonner Place in New York has been sold in a closed transaction. It is a multi-family asset situated in the Bronx market. The property spans over 8,580 square feet and consists of 9 units. The transaction price for this property was $1,825,000, resulting in a price per square foot of $212. The buyer, Ari Samuel, acquired the property from the seller, Ari Friedman. The deal was facilitated by Concourse Realty, with David Simone and David Kalish representing the buyer and seller.

Summary of transaction details

• Property Type: Multi-Family
• Transaction Amount: $1,825,000
• Square Footage: 8,580 sf
• Price per Square Foot: $212
• Number of Units: 9
• Price per Unit: $202,778
• Capitalization Rate: 6.9%

The transaction was handled by Concourse Realty, with David Simone and David Kalish representing the buyer, Ari Samuel, and the seller, Ari Friedman. The deal was successfully closed, leading to the transfer of ownership of the multi-family property at 289 Bonner Place.