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Ariel Lists 7-Property Bronx Portfolio
Ariel Property Advisors has the exclusive listing of a portfolio of seven multi-story walk-up buildings in the Morrisania, Morris Heights and Allerton neighborhoods of the Bronx. Together, the properties consist of 37 residential units comprising 21,386 gross square feet.
The portfolio is being listed by an Ariel team including Jason Gold and Daniel Mahfar, directors, investment sales; Shimon Shkury, president; and Victor Sozio, EVP, investment sales.
All the properties are located near major thoroughfares such as Bruckner Boulevard, Grand Concourse, Jerome Avenue, Pelham Parkway and White Plains Road, among others. The portfolio also benefits from a range of noteworthy retailers, restaurants and businesses throughout the borough, along with popular attractions such as the New York Botanical Gardens, Bronx Zoo, Little Italy and Fordham University.
“As investors feel more comfortable with the current economic landscape, the residential market is poised for a significant rebound in 2021,” said Gold.
- ◦Sale/Acquisition

