Ariel to Sell 60 Bronx Properties Worth Nearly $400 Million

Ariel to Sell 60 Bronx Properties Worth Nearly $400 Million
Ariel to Sell 60 Bronx Properties Worth Nearly $400 Million

**Ariel Property Advisors Marketing Nearly $400 Million Worth of Bronx Real Estate**

Ariel Property Advisors is currently marketing or has in contract close to 60 properties throughout the Bronx, representing a combined value of nearly $400 million. Among these are 12 new exclusive listings, which include multifamily, development, and industrial assets, valued at approximately $140 million.

The listings are being managed by Ariel’s experienced team, including founding partner Victor Sozio, senior director Jason Gold, director Daniel Mahfar, associate director Gabriel Elyaszadeh, president and founder Shimon Shkury, founding partner Michael Tortorici, and associate director Jake Brody.

“These new listings feature a mix of well-located multifamily, development, and industrial properties,” stated Daniel Mahfar. One highlight among the listings is The Tegford Portfolio—a 249-unit mixed-use package consisting of nine walk-up buildings that span nearly an entire city block in the Longwood section of the Bronx. The portfolio is being marketed with an asking price of $22.75 million.

Another prominent offering is the industrial property located at 4109 Park Avenue and 413 East 175th Street. The 38,641-square-foot building is available with an asking price of $8.25 million.

With market activity on the rise, Ariel’s extensive portfolio showcases the continued demand and growth potential for investment throughout the Bronx.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts