Moshe Greenzweig of Cedarbridge Management acquired five Bronx rental buildings totaling 256 units from Related Companies for $18.2 million—less than half the $40.8 million Related paid in 2015. The buildings, primarily walkups in Wakefield and Olinville, sold for as low as $64 per square foot. All are fully leased and expected to continue generating income. The deal was brokered by Rosewood Realty Group’s Aaron Jungreis, Ben Khakshoor, and Alex Fuchs.
Moshe Greenzweig of Cedarbridge Management
