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Brokerage
Posted: May 16, 2023
GFI Realty completes $4.15 million sale of 29-unit multifamily building
Bronx, NY GFI Realty Services, LLC announced the $4.150 million sale of 1342 St. Lawrence Ave., a multifamily building comprised of 29 units and an antenna, located in Soundview. GFI Realty Director Zachary Fuchs, on an exclusive basis, represented the seller Sam Zherka, and the buyer, Marc Resnick.
Constructed in 1928, the five-story building totals approximately 20,620 s/f and is composed of 23 one-bedroom apartments and 6 two-bedroom apartments.
“This property had been under the previous ownership for 30 years” said Fuchs. “The buyer immediately recognized the value of this kind of asset and intends to keep the property for the long term and invest in capital improvements.”
The building is located in proximity to the Cross Bronx Expwy, the Webster Ave. commercial corridor, and the 6 subway line.
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