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Investors Acquire Bronx Multifamily for $3.5M

Terrace Arms Corp. Sells 59-Unit Apartment Bldg.
By Danushka Nanayakkara
April 7, 2010 | 2:16 P.M.

Private investors acquired the 59-unit apartment building at 1860 Billingsley Terrace in The Bronx from Terrace Arms Corp. for $3.75 million, or about $63,600 per unit.

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