NEW YORK CITY — Marcus & Millichap has completed the $6.08 million sale of three properties in the Bronx in New York City. Marco Lala, Dave Raciti and Jack Lala of Marcus & Millichap’s Manhattan office exclusively represented the sellers and the buyers. The first property in the sale is 250 McLean Ave., a 36-unit multifamily building with eight studios, 20 one-bedroom units and eight two-bedroom apartments. The six-story, 30,328-square-foot building sold for $3.4 million. Situated between Carol Avenue and Coyle Place, the building features 10 garages and 18 parking spots and is within close proximity of downtown Yonkers and Riverdale. The second property is a 25-unit multifamily building with 16 one-bedroom units and nine two-bedroom apartments located at 2307 Beaumont Ave. The 20,920-square-foot, 5-story walk-up was sold for $1.6375 million. And the third property was 245 East Mosholu Pkwy. North, a 50-foot by 160-foot lot with approved and delivered plans for an 11-story apartment building with 29 one-bedroom units, five two-bedroom units and one studio apartment. The investor, Promesa Systems Inc., a not-for-profit Bronx real estate organization, received 100 percent financing from the New York City Affordable Housing Acquisition Loan Fund. The 34,250-square-foot lot sold for $1.05 million.
MARCUS & MILLICHAP CLOSES THREE SALES IN THE BRONX