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Bronx Apartment Building Sells for $8.5M

February 20, 2018
Parkash Real Estate acquired the multifamily property at 1110 Anderson Ave. in Bronx, NY for $8.5 million, or about $193,000 per unit, from Payson Pl Props, Inc.

The six-story, 51,500-square-foot apartment building delivered in 1928 and totals 44 rent-controlled units.

Jonathan Shainberg, Shallini Mehra and Amit Doshi of Besen & Associaties, Inc. represented the seller and were the sole brokers on the sale.

Please see CoStar COMPS #4136500 for more information on this transaction.
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