Guarino of ERG completes $1.315 million sale of 20-unit Bronx apartment building; Represents the seller and finds the purchaser

ERG Property Advisors has completed the sale of 1562 Minford Place. The property is located between East 172nd and East 173rd St. The 20 unit, five-story apartment building sold for $1.315 million. The property is 17,600 s/f and is situated on a 4,000 s/f lot. ERG managing director, Richard Guarino, was the exclusive broker who represented the seller and found the purchaser. ERG is a full-service commercial brokerage company based in New York City. Its core activities are investment sales, retail leasing, and strategic consulting. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Visit www.ergpa.com for recent deals and press coverage.