Julio Malan Acquires 4-Unit Multifamily In Bronx For $1.4M

A multi-family property located at 1252 Stratford Avenue, Bronx, was recently sold. The property consists of 4 units with a total square footage of 3,000. The sale price for this transaction was $1,400,000, resulting in a price per unit of $350,000. The price per square foot was calculated to be $467.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $1,400,000
• Units: 4
• Price per Unit: $350,000
• Square Footage: 3,000
• Price per Square Foot: $467
• Market: Bronx

The buyer of the property was Julio Malan, while the seller was Kingsland Properties. The deal was facilitated by Sultan Rashid and Ali Rashid from Kingsland Properties acting as the brokers representing the buyer and seller, respectively.