Cohen Family Acquires Multifamily In Bronx For $2.1M

Located at 1232 Fulton Avenue in Bronx, this multifamily property spans 6,838 square feet and comprises 8 units. The property was recently sold for $2,100,000, equating to $307 per square foot.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Units: 8
• Price per Unit: $262,500
• Square Footage: 6,838
• Market: Bronx
• Buyer: Cohen Family
• Seller: Lumaj Family
• Brokers: Jacob Stavsky - Stav Equities LLC; Reuben Lugassy & Avraham Birnbaum - Twelve Stones Realty

The sale of this multifamily property at 1232 Fulton Avenue was facilitated by the brokers Jacob Stavsky from Stav Equities LLC, and Reuben Lugassy & Avraham Birnbaum from Twelve Stones Realty. The transaction brought together the Cohen Family as the buyers and the Lumaj Family as the sellers, showcasing a successful deal in the Bronx market.