JOE NYC Acquires 6 Apartment Buildings In Bronx For $14.1M

Located in the Bronx, New York, the property at 1036, 1039, and 1158 Intervale Avenue, 1141 Tiffany Street, 1035 Hall Place, and 1118 Southern Boulevard has been sold in a closed transaction. The asset consists of six apartment buildings, offering a total of 113 residential units and five commercial units. The transaction was completed for a price of $14,100,000, with an approximate price per unit of $120,000.

Summary of Transaction Details:

• Property Type: 6 Apartment Buildings
• Transaction Amount: $14,100,000
• Units: 113 Apartments and 5 Commercial Units
• Price Per Unit: Approx $120,000
• Seller: Adonai Realty Corporation – Elsie Ortiz
• Buyer: JOE NYC (Non Profit)

Elsie Ortiz, representing Adonai Realty Corporation, acted as the seller in this transaction. On the other hand, JOE NYC, a non-profit organization, served as the buyer. The deal did not involve any additional individuals or companies, and no further information about the participants was provided.