Jungreis, Brody and Tolmasov of Rosewood Realty close $3.75 million townhouse; Omek Capital is seller

April 16, 2019 - Front Section
2032 Fifth Avenue - Manhattan, NY

Manhattan, NY Rosewood Realty completed the $3.75 million sale of a four-story Harlem townhouse between 125th and 126th Sts. with eight apartments.

Aaron Jungreis,
Rosewood Realty

The 6,090 s/f walk-up building (with an additional 1,234 s/f below grade) is located at 2032 Fifth Ave. It was built in 1909 and features five one-bedroom units, two two-bedroom units and one three-bedroom unit.

Rosewood’s Aaron Jungreis and Jonathan Brody represented the seller, Omek Capital, a Woodmere-LI based real estate investment firm founded in 2009 by Charles Hartman and Avi Feldman. Rosewood’s Ilya Tolmasov represented the buyer, a private investor.

The townhouse sold for 14.88 times the current rent roll, at a cap rate of 5.41%.

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