PGIM Real Estate And Fetner Properties Acquire Multifamily Asset From Columbia University For $64M

The property asset sold is a multifamily building located at 3260 Henry Hudson Parkway in the Bronx. This asset consists of 127 units and spans a total square footage of 242,697. The sale was completed for a total price of $64,000,000, resulting in a price per unit of $503,937 and a price per square foot of $263.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $64,000,000
• Units: 127
• Square Footage: 242,697
• Price Per Unit: $503,937
• Price Per Square Foot: $263
• Buyer: PGIM Real Estate & Fetner Properties
• Seller: Columbia University
• Seller's Representative: Eric Roth, Adam Spies, Brett Siegel & Tyler Signora - Newmark
• Date of Transaction: 4/21/2026
• Market: Bronx

Key individuals involved in the transaction include Aaron Weaver, representing Columbia University as the seller, alongside the team from Newmark, which includes Eric Roth, Adam Spies, Brett Siegel, and Tyler Signora representing the seller in this deal. The involvement of PGIM Real Estate and Fetner Properties represents the prominent buyer side of the transaction.