Related Fund Management Sells Bronx Multifamily To FBE Ltd. For $87.9M
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This MultiFamily property located in NY was sold for $87,900,000 almost 5 years ago. The brokers of the deal were Paul Gillen, Daniel Parker, Kyle Van Buitenen, and Ariel Tambor
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- Location2001 Story Ave, Bronx, NY, USA
- Sale Price$87,900,000$208 PPSF
- Area421,833 SF
- Asset TypeMultiFamily
- Parties4 Brokers, 2 Agencies
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Deal Summary
SALE
IMAGE: Daniel Parker, Paul Gillen, Stephen Ross, @Ariel.Tambor, Kyle Van Buitenen
DATE: 04/09/2019
ADDRESS: 2001-2045 Story Ave
MARKET: Bronx
ASSET TYPE: Multifamily
SELLER: Related Fund Management
BUYER: FBE Ltd. - Abe Fruchthandler
BROKER: Daniel Parker, Paul Gillen, Ariel Tambor, Kyle Van Buitenen - Hodges Ward Elliott
SALE PRICE: $87,900,000
SF: 421,833 ~ PPSF: $208
PPU: $247,605
UNITS: 355
NOTE: $248K/door. Largest Single Asset Bronx Transaction since 2016.
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2001-2045 Story Avenue
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