Rosewood Realty
News:
Owners Developers & Managers
Posted: June 18, 2019
Jungreis of Rosewood completes $9.6 million sale of 54-unit Fordham Heights building
Rosewood Realty
Bronx, NY
Bronx, NY Rosewood Realty Group has completed the $9.6 million sale of a 54-unit Fordham Heights multifamily building. The five-story walk-up at 2474 Valentine Ave. (between East Fordham Rd. and East 188th St.), sold for 11 times the total rent roll. All of the apartments are rent stabilized. The building was built in 1925.
Rosewood Realty’s president Aaron Jungreis represented the buyer, 2474 Valentine, and the seller, 2474 Valentine Realty.
MORE FROM Owners Developers & Managers
Related Cos. and Sterling Equities open housing lottery for Willets Point Commons
Queens, NY Queens Development Group (QDG) – a joint venture between Related Companies and Sterling Equities – in partnership with the New York City Department of Housing Preservation & Development
.gif)
Quick Hits
.jpg)
Columns and Thought Leadership
The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian
As we head into 2026, one thing is clear: deals aren’t won by who has the best asset; they’re won by who presents it best. Yet many owners, operators, and brokers are entering the new year with outdated photos, inconsistent branding, and limited digital presence. This
Strategies for turning around COVID-distressed properties - by Carmelo Milio
Due to the ongoing pandemic, many landlords are faced with an increasing number of distressed properties. The dramatic increase in unemployment and reduction in income for so many has led to a mass exodus out of Manhattan, an increase in the number of empty rental units
.gif)