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.