Jungreis and Kooris of Rosewood close $12 million three building sale
Aaron Jungreis of Rosewood Realty Group closed a $12 million sale of three contiguous buildings located at 199-205 30th St. in Sunset Park.
Jungreis represented the seller, Black Spruce Capital and Samuel Kooris of Rosewood represented the buyer, a private investor.
It sold for 13 times the rent roll. The three, four-story walk-up apartment buildings consist of 66 apartments.The 43,308 s/f (combined) buildings were all built in 1917.
Bronx, NY Investment Property Realty Group’s (IPRG) Team Friedman closed five sales totaling $5.3 million in the month of September. • 1707 Melville St. sold for $1.35 million. Located in Van Nest, the property
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
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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
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.