Bronx Multifamily Property Sells for $3.1 Million to Salomon Cojab - Visabe Corporation
A 9-unit multifamily property located at 3052 3rd Avenue in the Melrose neighborhood of the Bronx has been sold for $3.1 million to Salomon Cojab - Visabe Corporation.
Salomon Cojab - Visabe Corporation has acquired a 9-unit multifamily property located at 3052 3rd Avenue in the Melrose neighborhood of the Bronx for 3.1 million from seller Eli Silverman. The property spans 6,650 square feet and was sold at a price of 466 per square foot. The property consists of 9 units, resulting in a price per unit of $344,444.
The property is located in a prime location in the Melrose neighborhood of the Bronx, which has seen a surge in development and investment in recent years. The area is known for its vibrant culture and diverse community, and is home to a number of popular restaurants, shops, and entertainment venues.
The buyer, Salomon Cojab - Visabe Corporation, is a well-established real estate investment firm with a strong track record of success in the New York City market. The firm specializes in acquiring and managing multifamily properties, and has a portfolio of properties throughout the city.
The seller, Eli Silverman, is a private investor who has owned the property for several years. The sale of the property represents a successful exit strategy for Mr. Silverman, who was able to realize a significant return on his investment.
The deal was brokered by Greg Corbin and Brandon Serota of Rosewood Realty Group, along with Ceasar Salama. Rosewood Realty Group is a leading commercial real estate brokerage firm in New York City, with a focus on multifamily properties. The firm has a strong reputation for its expertise in the market, and has completed numerous successful transactions in the Bronx and throughout the city.
Overall, the sale of this multifamily property in the Melrose neighborhood of the Bronx represents a strong investment opportunity for Salomon Cojab - Visabe Corporation, and a successful exit strategy for seller Eli Silverman. The deal was brokered by top commercial real estate brokers in the city, and is a testament to the strength of the New York City real estate market.