Real Estate Journal — Pennsylvania — September 15 - 28, 2017 — 13C


M id A tlantic

P ennsylvania

Sales associate Anthony Palmiotto maneuvers challenging sale Kislak sells Bridgeview at Manayunk in Philadelphia for $4.9 million


located asset that has imme- diate upside and an excellent long term outlook.” “This transaction present- ed many challenges,” said Weilheimer. “Anthony did an excellent job working through each issue with all parties involved to ensure a successful closing.” Erected in 1918, the 22,000 s/f, 4-story elevator building was renovated in 2010 inclu- sive of roof replacement. The building is fully sprinklered and includes 16 one-bedroom and 6 two-bedroom apart- ments with 27 onsite parking

spaces. Flooring in the units consists of hardwood in the living and dining rooms, Ber- ber carpeting in the bedrooms and tile in the bathrooms and kitchens; kitchens have been fitted with stainless steel ap- pliances and electric ranges. Located on a 16,561 s/f lot in the Manayunk neighbor- hood of Philadelphia with easy access to local dining and shopping, the property is just 1 ½ blocks off of Main Street and within walking distance of the SEPTAMana- yunk train station and mul- tiple SEPTA bus stations. n

hiladelphia, PA — The Kislak Com- pany, Inc. announced

the $4.9 mil- lion sale of BridgeView a t Ma n a - yunk, a 22- unit, class A apar tment building lo- cated at 171 Grape St. in Philadelphia.

Anthony Palmiotto

Sales associate Anthony Palmiotto marketed the property on an exclusive basis, representing both the seller and purchaser in a transaction which pre- sented many challenges to all parties involved – buyer, seller, attorneys and broker alike. Senior vice president Matt Weilheimer provided transaction management and support. “While we were presented with many obstacles, this successful closing shows once again why Kislak remains a market leader in multifamily brokerage,” said Palmiotto. “The seller was able to real- ize a price per unit that sets the new high water mark in Manayunk, while the buyer has acquired a stable, well- Eichenberg joins Berkshire Hathaway Home Services Fox & Roach, Realtors ALLENTOWN, PA — Chris Rader , sales leader of Berkshire Hathaway Fomerly with Hanna Com- mercial Frederick Group, Eichenberg, associate broker, CRB, has been licensed since 1974 and specializes in com- mercial real estate. An active member in his community, he is a member of the Greater Lehigh Valley REALTORS. Eichenberg is immediate- past chair of Western Lehigh Chamber of Commerce and brings his management ex- perience to real estate. He resides in Macungie with his wife, Bea. n Ron Eichenberg Home Ser- vices Fox & Roach, RE- A L T O R S A l l e n t own Office, wel- comes Ron Eichenberg as a sa l e s a s s o c i a t e .

171 Grape St.

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