Tenito Lawal Purchases Multifamily Property At 743 Hollywood Avenue Bronx For $1.5M With Lena Rivera

The property asset involved in this transaction is a MultiFamily located at 743 Hollywood Avenue in Throggs Neck, Bronx. The sale price for the asset was $1,500,000, and it consists of 5 units, resulting in a price per unit of $300,000. The total square footage of the property is 5,600, which gives it a price per square foot of $267.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $1,500,000
• Buyer: Tenito Lawal
• Seller: Jon Hollywood
• Broker: Lena Rivera
• Units: 5
• Square Footage: 5,600
• Price Per Unit: $300,000
• Price Per Square Foot: $267

The individuals involved in this deal include the buyer Tenito Lawal and the seller Jon Hollywood. The transaction was facilitated by broker Lena Rivera, who has successfully handled $100 million in building sales over the past three years, as well as 200+ residential leases and a significant amount of commercial leasing. She is currently seeking to acquire more buildings for management, leasing, or sale, and has access to hard money loans.