Stagg Group Acquires Overlook Manor Multifamily In The Bronx For $18M

The Stagg Group has purchased Overlook Manor, a 95-unit apartment property near Manhattan College in the Bronx, New York, for $18 million. The property is located at 3801 Waldo Avenue and is classified as a multifamily asset. It offers 95 units with an average price per unit of $189,474.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Address: 3801 Waldo Avenue
• Market: Bronx
• Buyer: Stagg Group - Mark Stagg
• Units: 95
• Price Per Unit: $189,474

The Stagg Group, represented by Mark Stagg, successfully completed the purchase of Overlook Manor. This acquisition represents a significant investment opportunity for the Stagg Group in the Bronx market. The proximity of the property to Manhattan College adds to its appeal, making it an attractive choice for potential tenants.