Blue Stone Group Sells Bronx Multifamily Property For $3.3M With Seller's Rep Eli Tabak & Broker Richard Guarino - Friedman-Roth Realty

The property involved in the sale is a multifamily asset located at 450 East 144th Street in the Bronx. It encompasses a total area of 24,662 square feet, with 20 units available for purchase. The sale price for this property was recorded at $3,300,000, resulting in a price-per-unit (PPU) of $165,000. The price per square foot (PPSF) was calculated at $134.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Units: 20
• Price per Unit (PPU): $165,000
• Square Feet: 24,662
• Price per Square Foot (PPSF): $134

Eli Tabak from the Blue Stone Group acted as the seller in this transaction, while Richard Guarino from Friedman-Roth Realty represented the seller as the broker. Richard Guarino's expertise in the market was crucial in facilitating the deal and ensuring a smooth transaction for both parties involved.