2481 Air Southern Boulevard

Acquired: January 31, 2022, $86 million

Debt: February 07, 2022, $10.6 million

Transactions:

• Phoenix Realty Group borrowed $10.6 million from NYC Department of Housing Preservation and Development for 2481 Southern Boulevard and 2459 Southern Boulevard, None, Bronx on February 07, 2022.

• Abrams Capital and Belveron Partners sold 2481 Southern Boulevard, 2405 Southern Boulevard, 2364 Prospect Avenue, 2459 Southern Boulevard, and 2380 Prospect Avenue, None, Bronx for $86 million to Phoenix Realty Group on January 31, 2022.

Latest Stories:

• Phoenix Realty acquires interest from Abrams Capital, Belveron valued at $95M for five properties in Bronx (February 01, 2022)