Joseph Riegler pays $3.2M to George Camaj for 24-unit rental in Tremont

Joseph Riegler through the entity 2383 Washington LLC paid George Camaj’s GRR Camaj LLC $3.2 million for 2383 Washington Avenue in Tremont. The deal closed on November 25, 2020, and was recorded on December 15, 2020. The transaction consists of 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 24 residential units. The property is 20,365 square feet. The parcel(s) have total development potential of 20,365 square feet.
The sale price per unit is $133,333.

The contract date was March 13, 2020.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $30,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link