Icer Properties Acquires Multifamily Property On Summit Ave In Bronx For $1.675M

A multifamily property located at 993 Summit Ave in the Bronx has been sold in a recent transaction. The property consists of 9 units with a total square footage of 9,032. The property was listed with an asking price of $1,750,000, and it was sold for $1,675,000, resulting in a price per unit of $186,111 and a price per square foot of $185.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,675,000
• Address: 993 Summit Ave
• Market: Bronx

The buyer of the property is Joseph Jemal, representing ICER Properties. The seller of the property is Isaac Fried. The deal was facilitated by Mark Singer and David Gerstel from InRock Realty.