Moonlight Management LLC
News:
Brokerage
Posted: October 3, 2017
Zar of Moonlight Management leads $2.018 million acquisition; Jungreis of Rosewood Realty is broker
Bronx NY A group of investors, led by Ryan Zar of Moonlight Management LLC have acquired 2600 Decatur Ave., for $2.018 million.
The subject property is a 10,720 s/f multifamily building located on the corner of East 193rd St. and contains 11 apartments as well as 67 ft. wrap-around frontage.
Moonlight Management LLC
Rosewood Realty Group
Aaron Jungreis, president of Rosewood Realty Group represented the buyer and seller.
According to public records, the price equates to a gross rent multiplier of 10.45x, $188 per s/f, and $183,000 per unit.
Tags:
Brokerage
MORE FROM Brokerage
United Properties Corp. adds 380,354 s/f of Midwest retail to portfolio - reaching over 10 million s/f
East Meadow, NY United Properties Corp. has completed two significant retail acquisitions totaling $34.3 million across Ohio and Iowa. The portfolio has crossed 10 million s/f, boosted by 380,354 s/f of premier commercial shopping center space acquired in these purchases.
Quick Hits
 (2).gif)
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
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
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
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.
.gif)