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

Property Image
SOLD
$4,775,000

New York

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MultiFamily28,502 SF
Sold 06/23/2022
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Property Image
SOLD

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

762 Union Avenue, Brooklyn, New York 11211, United States

See Similar Deals
MultiFamily28,502 SF
Sold 06/23/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$167
Total Square Footage:28,502 SF
Transaction Type:Sale

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].

Players

15 deals$68.9M volume
BROKER

John Martisch
14 deals$70.5M volume
BROKER

Details

SOLD
IMAGE: Adam Traub & John Martisch DATE: 06/23/2022 ADDRESS: 762, 766 & 770 Union Avenue MARKET: Bronx ASSET TYPE: Multifamily BUYER: Schwartz Family SELLER: Shaban Simaee BUYER’S REP: John Martisch (@JohnnyMartisch) - RPR Ventures (@RPRNYC) SELLER’S REP: Adam Traub (@AdamTraub) - Curb Capital (@Curb_Capital) SALE PRICE: $4,775,000 UNITS: 24 ~ PPU: $198,958 SF: 28,502 ~ PPSF: $167 NOTE FROM BROKER: please contact [email protected] & [email protected] for other great investment opportunities across NYC.

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