A multi-family property located at 1077 Teller Avenue in the Bronx has been sold in a closed transaction. The property consists of 8 units and spans across 7,360 square feet. The sale price for this transaction was $2,600,000, resulting in a price per unit of $325,000. The price per square foot is estimated to be $353.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $2,600,000
• Units: 8
• Price per Unit: $325,000
• Square Footage: 7,360
• Price per Square Foot: $353
• Market: Bronx

The buyer involved in this transaction is Joseph Safdie, while Joseph Freier acted as the seller. The transaction was facilitated by the broker representatives Jacob Harooni and Eli Soleimani from SP Capital Group. It is worth noting that SP Capital Group represented both the buyer and the seller, showcasing their ability to effectively navigate off-market transactions and cater to qualified cash buyers.

To inquire about this transaction or other off-market investment opportunities, interested parties can contact Jacob Harooni at (212) 343-3042 or [email protected], and Eli Soleimani at (212) 398-6310 or [email protected]. SP Capital Group is also actively seeking experienced investment sales broker/agents to join their team. Interested individuals can email their resumes to [email protected], with all inquiries treated confidentially.