Rosewood brokers multiple sales totaling $55.15 million; Jungreis completes $27 million sale
Rosewood Realty Group brokered the following sales totaling $55.15 million:
* The $27 million sale of 3351-3359 & 3420-3428 Broadway in Hamilton Heights, Manhattan. The two six-story elevator apartment buildings total 108,078 s/f and consist of 80 apartments and 12 commercial units. Aaron Jungreis represented the seller, Bldg. Oceanside LLC and the buyer, Cob 3351 Broadway LLC.
* The $10.8 million sale of 2255 Grand Concourse (between 182nd and 183rd Sts.) Fordham Heights, Bronx. The 81,450 s/f six-story elevator apartment building features 68 apartments and 10 commercial tenants. Jungreis represented the buyer, Parkash 2255 LLC and the seller, 2255 Concourse LLC.
* The $10 million sale of 2701 Webb Ave. & 131 West Kingsbridge Rd., Jerome Park, Bronx. The two contiguous six-story apartment buildings total 100,074 s/f and feature 70 apartments and seven commercial units. Jungreis represented the buyer, a private investor and the sellers, 131 Ellsworth Enterprises LLC and 2701 Charlojack LLC.
* The $750,000 sale of 711 East 183rd St. in Belmont, Bronx. This 8,640 s/f four-story walk-up apartment building features eight apartments and one commercial unit. Ryan Perkoski represented the seller, 711 East 183rd Street Realty Management, LLC and Michael Guttman represented the buyer, Bronx 711 LLC.
* The $6.6 million sale of 3728 Ave. K in Flatlands, Brooklyn. The 41,596 s/f four-story walk-up apartment building features 58 apartments. Jungreis represented the seller, 3728 Ave. K LLC and the buyer, a private local investor.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 343A Tompkins Ave., a mixed-use building located in the Bed-Stuy section of the borough, for $1.97 million.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary