It Was a Good Year for The Bronx Investment Market

The Bronx had a good year in 2017 with respect to investment sales according to a new report from Ariel Property Advisors. Mott Haven saw the biggest multi-family deal of the year with a $78 million dollar purchase for a 520 unit building. And while the overall number of sales were down, there wasn’t as much of a decrease as there was in other areas of the city and overall, the price per unit was up and the price per square foot both showed increases.

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