Scott Kalb Sells Bronx Multifamily Property For $1.92M With Brokers Haley Hasho & Andrew Eden

The property asset involved in this transaction is a multifamily building located at 626 East 140th Street in the Bronx. The building was sold for a total of $1,920,000, encompassing 10,005 square feet and consisting of 11 units, resulting in a price per unit of $174,545 and a price per square foot of $192.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,920,000
• Units: 11
• Square Feet: 10,005
• Price Per Unit: $174,545
• Price Per Square Foot: $192
• Seller: Scott Kalb
• Brokers: Haley Hasho & Andrew Eden - Exodus Capital
• Market: Bronx
• Building Composition: 63% free market
• Purchased by: Out of state group
• GRM: 7.5x

The deal was facilitated by brokers Haley Hasho and Andrew Eden representing Exodus Capital. Their expertise played a significant role in connecting the seller, Scott Kalb, with an out-of-state group interested in acquiring the property.