Real Estate Weekly On The Scene | March 28, 2019
GFI Realty Services announced the $4.1 million sale of 2077 Vyse Avenue and 951 East 179th Street, two four-story apartment buildings in the West Farms section of the Bronx. Managing Director Yosef Katz and Associate Zachary Fuchs represented the buyer and seller, both local investors, in this transaction. Located between East 180th Street and East 179th Street, the pre-war walk-up buildings are composed of a total of 22 units. In total, the buildings comprise 21,664 s/f. The buyer intends to invest in capital improvements and hold onto the properties for the long term. The property is situated in close proximity to the Bronx Zoo, Crotona Park, Tremont Park and the New Horizons Shopping Mall. The 2 and 5 subway lines are located within walking distance.