The Morgan Group Pays $3M For Bronx Multifamily

Published on March 02, 2012, 10:15 am
FavoriteLoadingAdd to favorites 30 secs

The Morgan Group acquired 600 Trinity Avenue in the Bronx from Urban American Management for $3 million, or $62,500 price per unit.

The six-story, 38,040-square-foot, multifamily building was built in 1937 and is located in the Bronx submarket. The property totals 48 apartments, primarily one-bedroom units. There were only two vacancies reported at the time of sale.

Aaron Jungreis of Rosewood Realty Group represented the seller.


Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.