Multifamily Property At 429 East 156th Street Sold For $8.82M In Bronx

The asset involved in this transaction is a multifamily property located at 429 East 156th Street in the Bronx. The sale price for the property was $8,824,887, which includes a total of 64 units. The property encompasses a total square footage of 84,552, resulting in a price per unit of $137,888 and a price per square foot of $104.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,824,887
• Units: 64
• Square Footage: 84,552
• Price per Unit: $137,888
• Price per Square Foot: $104

The brokers involved in this transaction were Victor Sozio, Jason M. Gold, Gabriel Elyaszadeh, and Remi Mandell from Ariel Property Advisors, representing the seller in this deal.