SOLD
Emerald Equity Group Acquires Bronx Multifamily For $36M
525-527 Riverdale Avenue
MultiFamily
1,771,000 SF
1,771,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
1,771,000 sqft
Isaac Kassirer's Emerald Equity Group has acquired a multifamily property located at 525-527 Riverdale Avenue in the Bronx, New York. The property spans 161,000 square feet and was purchased for a total price of $36,000,000, equating to a price per square foot of $223. The multifamily asset consists of 143 units, with a price per unit of $250,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $36,000,000
- Square Footage: 161,000 sf
- Price per Square Foot: $223
- Number of Units: 143
- Price per Unit: $250,000
The seller of the property is PRC Management, while the buyer is Isaac Kassirer's Emerald Equity Group. The transaction was facilitated by Aaron Jungreis from Rosewood Realty Group NY acting as the broker.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Isaac Kassirer and Aaron Jungreis
DATE: 05/10/2018
ADDRESS: 525-527 Riverdale Avenue
CITY: NewYork
MARKET: Bronx
ASSET TYPE: Multifamily
PRICE: $36,000,000
SF: 161,000 sf PPSF: $223
UNITS: 143 PPU: $250,000
SELLER: PRC Management
BUYER: Kassirer’s Emerald Equity Group – Isaac Kassirer
BROKER: @RosewoodRealtyGroupNY – Aaron JungreisView on map
Loading...
Address525-527 Riverdale Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want