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BCN Development Acquires Multifamily Property In Bronx For $6.3M

959 Anderson Avenue
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This MultiFamily property located in NY was sold for $6,300,000 over 2 years ago.

BCN Development has acquired a multifamily property in the Bronx market for a price of $6,300,000. The property, located at 959 Anderson Ave., consists of 25 units with a total square footage of 20,000. The purchase price per unit stands at $252,000, while the price per square foot is $315.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $6,300,000
  • Address: 959 Anderson Ave.
  • Market: Bronx
  • Buyer: BCN Development
  • Seller: Robert Johnson & Ethel Johnson
  • Units: 25
  • Price per Unit: $252,000
  • Square Footage: 20,000
  • Price per Square Foot: $315

Craig Nassi of LIVI ARIEL LLC represented BCN Development in this transaction. The sale was completed on 11/12/2021. For more information, visit http://www.bcndevelopment.com.

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Deals
  • Location
    959 Anderson Avenue, Bronx, NY 10452959 Anderson Avenue, Bronx, NY 10452
  • Sale Price
    $6,300,000$6,300,000
    $315 PPSF$315 PPSF
  • Area
    20,000 SF20,000 SF
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

SALE IMAGE: Craig Nassi DATE: 11/12/2021 ADDRESS: 959 Anderson Ave. MARKET: Bronx ASSET TYPE: Multifamily BUYER: BCN Development (@BCNDevelopment) (http://www.bcndevelopment.com) - Craig Nassi (@CraigNassi) - LIVI ARIEL LLC SELLER: Robert Johnson & Ethel Johnson SALE PRICE: $6,300,000 UNITS: 25 ~ PPU: $252,000 SF: 20,000 ~ PPSF: $315

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