Klosed Properties buys 13,245 s/f Bronx building for $1.75 million

Bronx, NY Klosed Properties’ Steven Kachananian and Adam Hajibai completed the acquisition of 336 East 166^th St. The sale price was $1.75 million.

The property is located on the corner of Teller Ave in the Concourse neighborhood. It consists of 15 apartments across 13,245 s/f. Steven Makowsky was the seller.

“We are excited to add 336 East 166^th St. to our growing Bronx portfolio. This was an opportunity for us to purchase a great asset at a good basis in a market that we understand. We are aggressively looking for similar deals in the area” said Klosed Properties’ vice president of acquisitions, Shawn Aziz.

Klosed Properties currently has 12 deals closed and 7 deals under contract with a total volume to date of $146,172,000.

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