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Posted: December 9, 2013
Houlihan of Houlihan-Parnes secures $3.25 million sale of apartment building
Houlihan-Parnes Realtors, LLC, represented by Jerry Houlihan, arranged the sale of 2285 Andrews Ave. North for $3.25 million. The property is located on the west side of the street between West Fordham Rd. and West 183rd St. The property is improved with a five-story walk-up apartment building built in 1922 containing a total of 37 rental units plus a super's unit in the basement. The property was sold on a co-brokerage basis with Houlihan-O'Malley Real Estate Services, Inc. The buyers satisfied a 1031 Tax Free Exchange with this purchase.
Sean Leyden of Garfunkel Wild PC represented the buyers in this transaction.
Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States.
Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide.
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