Yecheskel Geller Acquires Bronx Multifamily Property For $6.45M

12 East 196th Street, a multifamily property located in the Bronx, was recently sold in a closed transaction. The property consists of 34 units with a total square footage of 27,000. The sale price for the property was $6,450,000, resulting in a price per square foot of $239. The seller, Morris Weinberg, represented GF Financial LLC, while the buyer, Yecheskel Geller, was represented by Geller Real Estate LLC.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,450,000
• Square Footage: 27,000
• Price per Square Foot: $239
• Number of Units: 34
• Price per Unit: $189,706
• Seller: Morris Weinberg - GF Financial LLC
• Buyer: Yecheskel Geller - Geller Real Estate LLC

The deal was facilitated by brokers Mike Fusco, Seth Glasse, and Joe Koicim. They played a key role in representing their respective parties and ensuring a successful transaction for both the buyer and seller.