Adam Weinstein Of Phipps Houses Acquires Multifamily Building In Bronx For $4,903,830

A 35-unit multifamily building located at 906 East 178th Street in the Bronx has been sold for $4,903,830. This property spans 36,596 square feet, resulting in a price per square foot of $134. The purchase breaks down to approximately $140,109 per unit.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $4,903,830
• Square Footage: 36,596
• Price Per Square Foot: $134
• Total Units: 35
• Price Per Unit: $140,109
• Total Building Square Feet: 21,600
• Price Per Building Square Foot: $227
• Buyer: Adam Weinstein - Phipps Houses

The deal was facilitated by Adam Weinstein representing Phipps Houses, highlighting the involvement of key individuals in the acquisition process.