GFI ARRANGES $7.2M SALE OF 69-UNIT APARTMENT BUILDING IN BRONX

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NEW YORK CITY — GFI Realty Services has arranged the sale of 1546 Selwyn Avenue, a six-story, 69-unit elevator apartment building located in the Claremont section of the Bronx for $7.2 million or $104,000 per unit. Daniel Shragaei of GFI Realty Services represented the seller, a local investor, and Josh Orlander of GFI Realty Services represented the buyer, also a local investor, in the off-market transaction. The 68,886-square-foot building was constructed in 1927 and is within close proximity to 170th Street and 174-175th Streets subway stations, which service the 4, B and D lines, and Claremont Park.

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