Joseph Camerata Acquires Multifamily Property In Crotona Park East, Bronx

Eva Georgila has sold a multifamily property located at 995 E 173rd Street in Crotona Park East, Bronx. The property consists of 30 residential units and 1 commercial unit, with a total square footage of 25,065. The sale price for this transaction was $3,700,000, resulting in a price per square foot of $148. The buyer, Joseph Camerata, purchased the property at a price per unit of $119,354. The capitalization rate for this deal was 7.2%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,700,000
• Address: 995 E 173rd Street
• Market: Crotona Park East, Bronx
• Square Footage: 25,065
• Units: 30 & 1 Commercial
• Price per Square Foot: $148
• Price per Unit: $119,354
• Capitalization Rate: 7.2%

Seth Levine, Amit Doshi, and Shallini Mehra from Meridian Capital Group represented the seller, Eva Georgila, in this transaction. They facilitated the successful sale of the property to the buyer, Joseph Camerata.