Real Estate Weekly On The Scene – 3/15 March 29, 2017

Real Estate Weekly | March 15, 2017

 

GFI Realty Services, LLC announced the $8.45-million sale of 2285 Sedgwick Avenue, a six-story apartment building in the University Heights section of The Bronx. GFI Realty Associate Director Josh Orlander represented the buyer and seller, both local investors, in this transaction.

Located between West Fordham Road and West 183rd Street, the pre-war elevator building is composed of 52 apartments, with a mix of one-, two- and three-bedroom units. In total, the building comprises 58,212 square feet.

The property is situated in close proximity to Bronx Community College and Monroe College, and is just off of West Fordham Road, a commercial corridor lined with numerous local shops.

 

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