SOLD
Diamond Mine Real Estate Acquires Multifamily Property In Concourse, Bronx For $1.9M
1220 College Ave
MultiFamily
9,500 SF
9,500 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
9,500 sqft
The recently closed transaction in the Concourse area of the Bronx involved the sale of a multifamily property located at 1220 College Ave. The property spans 9,500 square feet and consists of 11 units. The sale price was recorded at $1,905,000, resulting in a price per unit of $173,181. The price per square foot was calculated to be $200.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,905,000
- Address: 1220 College Ave.
- Market: Concourse, Bronx
- Buyer: Diamond Mine Real Estate - Nadira Taylor
- Seller: Zhong Fang Dai
- Brokers: Seth Glasser & Mike Fusco - Marcus & Millichap
Diamond Mine Real Estate, represented by Nadira Taylor, acquired the multifamily property from seller Zhong Fang Dai. The transaction was facilitated by brokers Seth Glasser and Mike Fusco from Marcus & Millichap.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Nadira Taylor, Seth Glasser & Mike Fusco
DATE: 08/19/2022
ADDRESS: 1220 College Ave.
MARKET: Concourse, Bronx
ASSET TYPE: Multifamily
BUYER: Diamond Mine Real Estate (@DiamondMineRE) (@DMPropertyMGMT) - Nadira Taylor
SELLER: Zhong Fang Dai
BROKERS: Seth Glasser (@SethGlasser1) & Mike Fusco (@Mike_Fusco_NYM) - Marcus & Millichap
SALE PRICE: $1,905,000
UNITS: 11 ~ PPU: $173,181
SF: 9,500 ~ PPSF: $200View on map
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Address1220 College Ave
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