Friedman-Roth Represents Sale Of Multifamily Property In Pelham Bay For $12.1M

A multifamily property located at 3120 Wilkinson Ave. in Pelham Bay was recently sold. The transaction, which took place on April 25, 2022, was facilitated by Friedman-Roth. The buyer's representatives, Lynda Blumberg and Wells Newell, along with the seller's representative Giuseppe Inglese, were involved in the deal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,100,000
• Address: 3120 Wilkinson Ave.
• Market: Pelham Bay
• Buyer's Rep: Lynda Blumberg & Wells Newell - Friedman-Roth
• Seller's Rep: Giuseppe Inglese - Friedman-Roth

The multifamily property consists of 68 units, with an average price per unit (PPU) of $177,941. The total square footage of the property is 79,400, with a price per square foot (PPSF) of $152.