Ariel Property Advisors Brokers $12.1M Multifamily Sale In Longwood, Bronx

The multifamily property located at 818-862 Beck Street in Longwood, Bronx has been sold for a total price of $12,100,000. This transaction was facilitated by brokers Victor Sozio, Jason M. Gold, Shimon Shkury, and Daniel Mahfar from Ariel Property Advisors. The property consists of 10 buildings and offers a total of 84 units. The price per unit is approximately $144,047, and the total square footage of the property is 87,899 square feet, translating to a price per square foot of $138.

Summary of transaction details

• Property Type: Multifamily (10 Buildings)
• Transaction Amount: $12,100,000
• Number of Units: 84
• Price per Unit: $144,047
• Total Square Footage: 87,899 sq ft
• Price per Square Foot: $138

This successful transaction was made possible by the collaborative efforts of Victor Sozio, Jason M. Gold, Shimon Shkury, and Daniel Mahfar from Ariel Property Advisors. Their expertise and negotiation skills ensured a smooth deal for all parties involved.