 GREAT NECK, N.Y., May 27, 2021 GLOBE NEWSWIRE -- BRT Apartments Corp. NYSE:BRT today announced that it completed its previously announced sale of its wholly-owned multi-family property, Kendall Manor, located in Houston, Texas for a sales price of 24.5 million. BRT generated net proceeds of approximately 9.5 million from the sale and estimates that during the quarter ending June 30, 2021, it will recognize a gain on sale of this property of 7.4 million. Management anticipates redeploying the net proceeds of the sale towards the acquisition of other properties, including the buy-out of its partners interests in certain joint venture properties, paying down debt, and for general corporate and working capital purposes. 