Ved Parkash pays $6.3M to Morgan Group for 43-unit rental in Tremont

Ved Parkash through the entity V & S 177 LLC paid Morgan Group’s 124 East 177 Realty LLC $6.3 million for 124 East 177th Street in Tremont. The deal closed on March 26, 2021 and was recorded on April 8, 2021. The transaction consists of 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 43 residential units. The property is 40,900 square feet.
The sale price per unit is $147,674.

The contract date was January 31, 2021. The last time the property sold was September 17, 2013 for $4,200,000.
Direct link to Acris document. link