Rosewood Realty Facilitates $42M Acquisition of Affordable Housing Complex in the Bronx
Located in the Bronx, Noonan Plaza features 238 affordable residential units and eight retail spaces.
NEW YORK CITY — Rosewood Realty Group has arranged the acquisition of Noonan Plaza, an affordable housing complex located at 105 W. 168th St. in the South Bronx’s Highbridge neighborhood. Spencer Equity acquired the property for $42 million. The seven-story, 335,000-square-foot asset features 283 residential units and eight retail units. Aaron Jungreis of Rosewood Realty Group represented the buyer and the seller, Joel Leder (Noonan Plaza LLC), in the transaction.