950-954 & 957-963 Woodycrest Avenue (114 Apartments & 4 Stores)

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SALE IMAGE: Amit Doshi, Jonathan Shainberg, Shallini Mehra & Joseph Jemal DATE: 07/12/2019 ADDRESS: 950-954 & 957-963 Woodycrest Avenue (114 Apartments & 4 Stores) MARKET: Highbridge, Bronx ASSET TYPE: Multifamily ASKING PRICE: $25,000,000 SALE PRICE: $21,000,000 SF: 128,907 PPSF: $162 PPU: $172,131 CAP RATE: 5.4% SELLER: David & Jacob Sedgh – DJ RE Management BUYER: Joseph Jemal -ICER Properties BROKERS: Amit Doshi, Shallini Mehra, Jonathan Shainberg @meridian.capital.group NOTE: 2 Multifamily buildings, 114 Apartments & 4 Stores. Near Yankee Stadium, buildings have a combined $490k of Pref. Rent upside #AmitDoshi #JonathanShainberg #ShalliniMehra #JosephJemal #NYC #NewYork #Highbridge #Bronx #DJREManagement #DavidSedgh #JacobSedgh #ICERProperties #TradedNY

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IMAGE: Amit Doshi, Jonathan Shainberg, Shallini Mehra & Joseph Jemal
DATE: 07/12/2019
ADDRESS: 950-954 & 957-963 Woodycrest Avenue (114 Apartments & 4 Stores)
MARKET: Highbridge, Bronx
ASSET TYPE: Multifamily
ASKING PRICE: $25,000,000
SALE PRICE: $21,000,000
SF: 128,907
PPSF: $162
PPU: $172,131
CAP RATE: 5.4%
SELLER: David & Jacob Sedgh – DJ RE Management
BUYER: Joseph Jemal -ICER Properties
BROKERS: Amit Doshi, Shallini Mehra, Jonathan Shainberg @meridian.capital.group
NOTE: 2 Multifamily buildings, 114 Apartments & 4 Stores. Near Yankee Stadium, buildings have a combined $490k of Pref. Rent upside

#AmitDoshi
#JonathanShainberg
#ShalliniMehra
#JosephJemal
#NYC
#Multifamily
#NewYork
#Highbridge
#WoodycrestAvenue
#DJREManagement
#DavidSedgh
#JacobSedgh
#ICERProperties
#TradedNY