Elvis Dushi Acquires 10-Unit Multifamily In Morris Park, Bronx For $1.58M

Located at 1600 Tomlinson Avenue in Morris Park, Bronx, this multifamily property is a closed transaction. The asset, consisting of 10 units, is 100% rent-stabilized. The property spans across 7,350 square feet, with a price per square foot of $214. The sale price for this transaction was $1,580,000, resulting in a per unit price of $158,000.

Summary of transaction details:

• Property Type: Multifamily (100% RS)
• Transaction Amount: $1,580,000
• Units: 10
• Price per Unit: $158,000
• Square Footage: 7,350
• Price per Square Foot: $214

Elvis Dushi acted as the buyer in this transaction, while Carolyn Traficante was the seller. The deal was facilitated by brokers Michael Fioravanti, Robert Shapiro, and Jonathan Squires from Team Shapiro_InvestmentSales and CushWake.