Jacob Kassin Of JSAF Capital Acquires Bronx Multifamily Property For $1.5M

The property asset involved in this transaction is a multifamily building located at 1021 East 215th Street & 923 East 225th Street in the Bronx. The sale price was $1,500,000 for a total of 6 units, translating to a price per unit of $250,000. The total square footage of the property is 5,125, which results in a price per square foot of $292.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Units: 6
• Price Per Unit: $250,000
• Square Footage: 5,125
• Price Per Square Foot: $292
• Buyer: Jacob Kassin - JSAF Capital
• Market: Bronx

Jacob Kassin, representing JSAF Capital, is actively acquiring properties throughout the boroughs with a primary focus on Brooklyn and the Bronx. JSAF Capital targets 3- to 5-family buildings, multifamily, and mixed-use assets in the Bronx, and engages in a full-service brokerage arm specializing in residential and commercial leasing.