ERG Property Advisors Announces Sale of Bronx Commercial Building

ERG Property Advisors is pleased to announce the sale of 1550 St. Peters Avenue in the Westchester Square section of the Bronx, NYC

New York (I-Newswire) September 5, 2012 - ERG Property Advisors is pleased to announce the sale of 1550 St. Peters Avenue in the Westchester Square section of the Bronx, NYC.

The property is a 3-story commercial building consisting in 2 loading docks, one garage door and an 8' x 15' elevator. Delivered vacant, the property is located in a residential neighborhood 1/2 block from Westchester Square Medical Center.

The property sold for $750,000 or $57 Per Square Foot. Richard T. Guarino of ERG Property Advisors represented both buyer and seller in this transaction.

For more information about this property, please contact or Richard T. Guarino at (646) 253-0909 his email is rgruarino@ergpa.com.

About ERG Property Advisors
ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales and strategic consulting. 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 has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Visit www.ergpa.com for recent deals and press coverage.

Founded by real estate industry veterans with over 50 years of combined experience, ERG Property Advisors offers not only exceptional service to clients, but also an exceptional work environment to our employees. Our innovative team structure encourages ERG brokers to work collaboratively with one another. "Real estate is already a very competitive market", says CEO Jim Kinsey, "so, at ERG we want our brokers to work with one another instead of against one another. We believe that internal collaboration is key to a healthy work environment and better client service."

ERG's submarket system allows agents to become experts of a particular neighborhood. Submarket experts stay up-to-date on critical real estate information, including price per square foot, average rents, trends, and new zoning laws affecting the area, and become a vital resource to colleagues and clients. In addition, as a strongly relationship-based firm, we prioritize the development of careers. Our mentorship philosophy has driven us to develop the best one-on-one training in the industry.