Ariel Selling 60 Bronx Assets Valued at Nearly $400M

Ariel Selling 60 Bronx Assets Valued at Nearly $400M
News| April 22, 2025| Paul Bubny
New York & Tri-State + Apartment Buildings

Ariel Property Advisors is currently marketing or has in contract nearly 60 properties valued at close to $400 million across the Bronx. These include 12 new exclusive listings for multifamily, development and industrial properties valued at nearly $140 million.

The properties are being marketed by Ariel founding partner Victor Sozio, senior director Jason Gold, director Daniel Mahfar and associate director Gabriel Elyaszadeh, along with president and founder Shimon Shkury, founding partner Michael Tortorici, and associate director Jake Brody.

“The new listings feature a mix of well-located multifamily, development and industrial properties,” Mahfar noted. Among the properties Ariel has listed are The Tegford Portfolio, a 249-unit mixed-use package comprised of nine walk-up buildings encompassing nearly a city block in the Longwood section of the Bronx. The asking price is $22.75 million.

Another offering is 4109 Park Ave. and 413 E. 175th St., a 38,641-square-foot industrial building with an asking price of $8.25 million.

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