This multifamily property at 1022 East 226th Street in the Bronx has a sale price of $1,000,000. The asset comprises three units, occupying a total square footage of 2,255, which translates to a price per unit of $333,333 and a price per square foot of $443. The property was delivered vacant and as-is, offering multiple entrances and parking facilities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Units: 3
• Square Footage: 2,255
• Price Per Unit: $333,333
• Price Per Square Foot: $443
• Seller: Joel Wertzberger
• Buyer’s Rep: Avraham Birnbaum - Twelve Stones Realty
• Seller’s Rep: Shaya Rosenberg - The Syper Group
• Date of Sale: 12/31/2024
• Market: Bronx

This transaction involved coordination among several professionals, including Shaya Rosenberg representing the seller, Joel Wertzberger, and Avraham Birnbaum representing the buyer. Additionally, Mendy Wertzberger acted as the mortgage broker, facilitating a quick closing within 10 days for the buyer, Gavriel Kaufman.