Chestnut Holdings Acquires Multifamily Property In Fordham, Bronx For $4.4M

A multifamily property located at 2415 Creston Ave. in Fordham, Bronx was recently sold for $4,400,000. The property consists of 32 units with an average price per unit of $137,500. The total square footage of the property is 27,200, resulting in a price per square foot of $161. The sale took place on April 7, 2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,400,000
• Address: 2415 Creston Ave., Fordham, Bronx
• Market: Fordham, Bronx
• Buyer: Chestnut Holdings - Ardon Wiener
• Broker: Ron Cohen - Besen Partners

The buyer, Chestnut Holdings represented by Ardon Wiener and brokered by Ron Cohen of Besen Partners, acquired this multifamily property in Fordham. The transaction involved a total of 32 units, with an average price per unit of $137,500. The property spans across 27,200 square feet, offering a price per square foot of $161. The sale was concluded on April 7, 2022.