Bronx Multifamily Asset Sold For $13.8M With Coratolo Associates As Broker Representatives

This multifamily asset, located in the Bronx, consists of 163 units and spans 167,000 square feet. It was sold for $13,800,000, which translates to a price per unit of $84,662 and a price per square foot of $82.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,800,000
• Units: 163
• Square Footage: 167,000
• Price Per Unit: $84,662
• Price Per Square Foot: $82
• Date of Transaction: 02/12/2025
• Market: Bronx
• Broker Representatives: Chris Agis, Michael Coratolo, Douglas Marshall, Vincent Coratolo - Coratolo Associates

Both the sale and financing were arranged by Coratolo Associates LLC, showcasing the involvement of the brokerage firm in the transaction process.