Greysteel Brokers the $2.9 Million Sale of the Cliveden Apartments in Philadelphia

PHILADELPHIA — Greysteel, a national commercial real estate investment services firm, has arranged the sale of the Cliveden Apartments in Philadelphia’s Mount Airy neighborhood to a private local owner on behalf of Wexford Property Management for $2.9 million. The property, located at 45­49 East Cliveden Street, was constructed in 1925 and totals 40 units. Amenities include laundry facilities and elevator service, with most units featuring hardwood floors, stainless steel appliances, and updated kitchens and bathrooms. Ari Firoozabadi and Caleb Brown of Greysteel arranged the transaction.