News: Brokerage

Friedman-Roth Realty completes three transactions totaling $16.075 million

Friedman-Roth Realty Services completed the following three sales totaling $16.075 million. * The sale of two contiguous Bronx apartment buildings located at 1441-1451 Overing St. (aka 2522-24 Frisby Ave.). The buildings contain a combined total of 99,294 s/f comprised of 119 residential units. This off-market transaction was the first sale of the properties in 40 years and was sold for a price of $10.8 million. Friedman-Roth's Giuseppe Inglese represented the seller and George Niblock, a managing partner, procured the purchaser. * Friedman-Roth completed the sale of 8798 21st Ave., Brooklyn. Located between Bath Ave. and Cropsy Ave., the four-story walk-up apartment, built in 1915, is comprised of 18,000 s/f and contains 16 apartments. The property sold for $2.575 million and was the first sale of the property in nearly 20 years. Friedman-Roth's Joseph Smith represented the seller and Niblock represented the purchaser in the transaction. * Friedman-Roth completed the sale 707 East 187th St., Bronx. Located in the Little Italy section, the five-story walk-up apartment, built in 1911, is comprised of 22,000 s/f and contains 31 apartments. The property sold for a price of $2.7 million. Inglese represented both the buyer and seller in this transaction on Friedman-Roth's behalf.
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