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Rosewood Realty Group Brokers Sell Bronx Multifamily Property For $14.8M

4755 White Plains Road
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This MultiFamily property located in NY was sold for $14,800,000 over 2 years ago. The brokers of the deal were Alex Fuchs, Ben Khakshoor, and Aaron Jungreis

Located at 4755 White Plains Road in Bronx, this multifamily property has recently been sold for a price of $14,800,000. The transaction took place on 11/11/2021, with a sale price per square foot of $168. The property spans a total area of 87,949 square feet.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $14,800,000
  • Address: 4755 White Plains Road, Bronx
  • Market: Bronx

The seller of this property was Ron Rettner. Representing the deal was the team from Rosewood Realty Group consisting of Aaron Jungreis, Ben Khakshoor, and Alex Fuchs.

Additional details regarding the property include 83 apartments, 5 retail spaces, 11 parking spaces, 1 laundry room, and 1 antenna. The property's price per square foot was $168, with a Gross Rent Multiplier (GRM) of 9.7x and a Capitalization Rate (Cap Rate) of 5.9%. The property has been valued at a price per square foot of $168.

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Deals
  • Location
    4755 White Plains Road, Bronx, NY, USA4755 White Plains Road, Bronx, NY, USA
  • Sale Price
    $14,800,000$14,800,000
    $168 PPSF$168 PPSF
  • Area
    87,949 SF87,949 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Alex Fuchs

Alex Fuchs

Deals47
Sold$692.7M

Agency

Rosewood Realty Group

Rosewood Realty Group

Agency
Deals370
Volume$6.5B

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Deal Summary

SALE IMAGE: Aaron Jungreis, Ben Khakshoor & Alex Fuchs DATE: 11/11/2021 ADDRESS: 4755 White Plains Road MARKET: Bronx ASSET TYPE: Multifamily SELLER: Ron Rettner BROKERS: Aaron Jungreis (@AaronJungreis) & Ben Khakshoor (@BenKhak) & Alex Fuchs (@AlexFuchs1) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $14,800,000 SF: 87,949 ~ PPSF: $168 NOTE FROM @RosewoodRG: 83 apartments, 5 retail spaces, 11 parking spaces, 1 laundry room, and 1 antenna. PPU: $168K GRM: 9.7x Cap Rate: 5.9% PPSQ: $168

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4755 White Plains Road

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