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Harold Klein & Mohamed H. Amin Acquire Multifamily Property In East Tremont, Bronx For $3.5M

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SOLD
$3,500,000

New York

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MultiFamily25,925 SF
Sold 02/02/2024
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Property Image
SOLD

Harold Klein & Mohamed H. Amin Acquire Multifamily Property In East Tremont, Bronx For $3.5M

805 Fairmount Place

See Similar Deals
MultiFamily25,925 SF
Sold 02/02/2024
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$135
Total Square Footage:25,925 SF
Transaction Type:Sale

The multifamily property located at 805 Fairmount Place in East Tremont, Bronx has been sold in a closed transaction. The property consists of 35 units, with a total square footage of 25,925. The sale price for the property was $3,500,000, resulting in a price per unit of $100,000 and a price per square foot of $135.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 805 Fairmount Place
  • Market: East Tremont, Bronx
  • Units: 35
  • Price per Unit: $100,000
  • Square Footage: 25,925
  • Price per Square Foot: $135

The buyer of the property is Harold Klein and Mohamed H. Amin, Esq., represented by Yosef Katz from Atlas Realty Group. The seller of the property is Alexander Hoffman. The attorneys at Onal Gallant Bayram & Amin PC were also involved in the transaction, contributing to the success of the buying team. The buyers' investment group is excited to work on stabilizing their new asset as they continue to expand their investment portfolio in the tri-state area.

Players

Yosef Katz
134 deals$1.1B volume
BROKER

Details

SOLD
IMAGE: Harold Klein & Mohamed H. Amin, Esq DATE: 02/02/2024 ADDRESS: 805 Fairmount Place MARKET: East Tremont, Bronx ASSET TYPE: Multifamily BUYER: Harold Klein & Mohamed H. Amin, Esq. (@MohamedAminEsq) SELLER: Alexander Hoffman BROKER: Yosef Katz (@Katz.Yosef) - Atlas Realty Group (@ARG_NYC) SALE PRICE: $3,500,000 UNITS: 35 ~ PPU: $100,000 SF: 25,925 ~ PPSF: $135 NOTE FROM BUYER: A big thanks to the attorneys at Onal Gallant Bayram & Amin PC for being a part of an excellent buying team and for their great work in bringing this difficult transaction to the closing table. The Buyers investment group is excited to work on stabilizing their new asset as they continue to build their investment portfolio in the tri-state area.

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