Schwartz Family Acquires Multifamily Property On Union Avenue In Bronx For $4.8M

Located in the Bronx, the multifamily property at 762, 766, and 770 Union Avenue has recently been sold in a closed transaction. The deal, which took place on June 23, 2022, involved a total of 24 units spread across a space of 28,502 square feet. The sale price for this property was $4,775,000, resulting in a per unit price of $198,958 and a price per square foot of $167.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $4,775,000
• Total Units: 24
• Per Unit Price: $198,958
• Square Footage: 28,502
• Price per Square Foot: $167
• Address: 762, 766, 770 Union Avenue, Bronx

The buyer of the property was the Schwartz Family, while the seller was Shaban Simaee. Representing the buyer was John Martisch from RPR Ventures, and representing the seller was Adam Traub from Curb Capital.

For any further investment opportunities across NYC, interested parties can reach out to Adam Traub at [email protected] and John Martisch at [email protected].