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Bronx Apartment Bldg Sells for $4.6M

SKYC Management Adds to Multifamily Portfolio
February 20, 2018
SKYC Management, a Brooklyn-based property management company, has purchased the multifamily property at 2618 E. Tremont Ave. in Bronx, NY for $4.55 million, or about $198,000 per unit, from Dengler Dengler & Dengler.

The five-story apartment building delivered in 1927 and contains 23 rent-stabilized units.

Guthrie Garvin, Karl Brumback, Joshua Rubin and Michael Fioravanti of Cushman & Wakefield represented the seller. The buyer handled the sale in-house.

Please see CoStar COMPS #4116603 for more information on this transaction.
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