Joyland Mgmt. Acquires 32 Apartments And 4 Retail Spaces In Morrisania For $5.75M

A mixed-use property located at 1384 Boston Road and 1390 Boston Road in Morrisania has been sold for a total price of $5,750,000. The property spans a total area of 29,054 square feet and has a price per square foot of $197. The transaction involved the sale of 32 apartments and 4 retail spaces.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $5,750,000
• Address: 1384 Boston Road, 1390 Boston Road
• Market: Morrisania
• Seller: Alex Mehmetaj
• Buyer: Joyland Mgmt.
• Seller's Representative: Sasha Berg and Zachary Fuchs
• Buyer's Representative: Sylvia Spielman

The sale of this mixed-use property was facilitated by Sasha Berg and Zachary Fuchs from the seller's side and Sylvia Spielman from the buyer's side. The transaction involved the purchase of 32 apartments and 4 retail spaces. The seller, Alex Mehmetaj, and the buyer, Joyland Mgmt., successfully closed the deal at a price of $5,750,000.