News: Brokerage

Rosewood Realty Group closes multiple sales totaling $78.53 million; includes $11.25 million sale by Jungreis and Scheer

Aaron Jungreis, Rosewood Aaron Jungreis, Rosewood
Brooklyn, NY Rosewood Realty Group has closed the following transactions totaling $78.53 million: • The sale of 362-364 Lincoln Place in Prospect Heights, Brooklyn for $23.5 million. The five-story elevator building with 55 apartments is 51,288 s/f and was built in 1927. Aaron Jungreis represented the seller, Lincoln 362 LLC and the buyer. • The sale of 136 East 39th St. (between Lexington and Third Ave.) in the Murray Hill section of Manhattan for $17.5 million. The five-story, 15,761 s/f building is owned by a B’nai Zion Foundation Inc, a not-for-profit organization that does humanitarian work in America and Israel. The building was built in 1915. Jungreis represented the seller and the buyer, the Government of Thailand. Eastern Consolidated’s David Schechtman also represented the seller. • The sale of 2325 Morris Ave. (Fordham Heights) & 1630 Grand Avenue (Morris Heights) in the Bronx for $15.8 million. These two six-story elevator buildings feature 117 apartments and is 112,800 s/f combined. Jungreis represented the seller, Rivka Realty Corp. and the buyer. • The sale of 620 East 6th St. for $11.25 million. The six-story walk-up building features 22 apartments and two commercial units. It is 13,546 s/f and was built in 1920. Jungreis and David Scheer represented the seller, East 89th LLC; 151 East 26th Street Associates L.P. and David Moshe Bakhshi represented the buyer. • The sale of 3346-3348 Hull Ave. in the Norwood Section of the Bronx for $8.6 million. The five-story walk-up building features 49 apartments. The 49,000 s/f building was built in 1927. Jungreis represented the seller, Emerald 3346 LLC and Michael Guttman represented the buyer. • The sale of 354-356 Parkside Ave. in Prospect-Lefferts Gardens Brooklyn for $1.875 million. The four-story walk-up building features eight apartments and an income producing parking space. The 4,000 s/f building was built in 1931. Jungreis represented the seller, 354 Parkside LLC and the buyer.
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