Real Estate Weekly | March 23, 2017
GFI Realty Services announced the $8.45 million sale of 2285 Sedgwick Avenue, a six-story apartment building in the University Heights section of The Bronx. Associate director Josh Orlander represented the buyer and seller, both local investors. 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 s/f. The buyer intends to invest in capital improvements and hold onto it for the long term.