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ERG Property Advisors Sells 5-Story Walk-Up in the Little Italy Section of the Bronx, NY

NEW YORK — January 10, 2014 — ERG Property Advisors is pleased to announce the sale of 667 East 187th Street in the Little Italy section of the Bronx, NY. The property is a five story walk up with 20 residential units and four commercial units. The 17,000 SF property sold for $3,300,000 representing $194 PSF. Matthew Murphy, Senior Associate at ERG Property Advisors, exclusively represented the seller in this transaction.
For more information about this transaction, please contact Matthew Murphy at (646) 253-0962 or email
About ERG Property Advisors
ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG’s Retail Division specializes in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit for recent deals and press coverage.

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