MORRISANIA | THE MOST ACTIVE NEIGHBORHOOD
In June, The Bronx market saw a total dollar volume of $207,246,435 with 20 sales and 32 properties across the borough, which is a whopping 176% higher than the previous month's $74.9 Million.
This month, the Multifamily and Development transactions came even with 5 sales each, which confirms the increased interest in the Bronx development market.
The average multifamily $/SF was $161, and the Morrisania neighborhood of the Bronx was the most active neighborhood.