The Reel

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A blog for breaking sales and neighborhood real estate news.

A multifamily building at 766 East 215th Street, located in the Williamsbridge neighborhood of the North Bronx, was sold in a transaction valued at $415,000.

The three-story walk-up building is approximately 4,875 square feet and sits on a 25’ x 125’ lot.  Of the six units, there are three two-bedroom units and three one-bedroom units. Five units were delivered vacant. The building features a new roof, new electrical panels and an upgraded boiler.  The sale price equates to $85 per square foot.

β€œThe buyer was a local investor who plans on finishing the work to the units and leasing the property,” said Massey Knakal Director of Sales Karl Brumback who exclusively handled this transaction with Massey Knakal CEO Paul J. Massey Jr.

Click here for press release

Neighborhoods: Williamsbridge/ Agents: Karl Brumback, Paul Massey Jr.