SOLD
HDGS Group Realty And J Wasser Acquire Multifamily Properties In Bronx For $10M
2263 Morris Avenue & 2342 Ryer Avenue
MultiFamily
Summary
Sale
NEW YORK
MultiFamily
The multifamily property located at 2263 Morris Avenue and 2342 Ryer Avenue in Bronx, New York was recently sold on December 20, 2017.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,000,000
- Address: 2263 Morris Avenue & 2342 Ryer Avenue
- City: New York
- Market: Bronx
The seller of the property was 2263 Morris Avenue Partners LLC and 2342 Ryer Avenue Partners LLC, while the buyer was HDGS Group Realty and J Wasser and Company.
Aaron Jungreis from Rosewood Realty Group served as the broker for this transaction.
It is worth noting that 80% of the financing for the purchase was provided by Fannie Mae through Arbor, with Skyline Capital Group acting as the mortgage broker and Sol Dayan representing them.
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Details
SOLD
IMAGE: 2263 Morris Avenue & 2342 Ryer Avenue
DATE: 12/20/17
CITY: New York
MARKET: Bronx
ASSET TYPE: Multifamily
SELLER: 2263 Morris Avenue Partners LLC and 2342 Ryer Avenue Partners LLC
BUYER: HDGS Group Realty and J Wasser and Company
BROKER: Aaron Jungreis - Rosewood Realty Group
PRICE: $10,000,000
NOTE: 80% Fannie Mae financing from Arbor – mortgage broker was Skyline Capital Group, Rep was Sol DayanView on map
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Address2263 Morris Avenue & 2342 Ryer Avenue
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