Camber Property Group And Belveron Partners Acquire Residential Property In Bronx For $77M

1133 Ogden Avenue, a residential property located in the Bronx, was recently involved in a closed transaction. The property consists of 400 units and was sold for a total price of $77,000,000, resulting in an average price per unit of $192,000. The buyers of the property were Camber Property Group and Belveron Partners, while the seller was Larry Gluck from Stellar Management.

Summary of Transaction Details

• Property Type: Residential
• Transaction Amount: $77,000,000
• Units: 400
• Price per Unit: $192,000
• Buyer: Camber Property Group and Belveron Partners
• Seller: Larry Gluck from Stellar Management

In this transaction, Camber Property Group and Belveron Partners acquired 1133 Ogden Avenue from Larry Gluck of Stellar Management. The deal involved a significant investment of $77,000,000, with the property comprising 400 residential units. The average price per unit was $192,000. Camber Property Group and Belveron Partners demonstrated their interest in the Bronx market by making this substantial purchase.