Sam Muratov & Ilya Muratov Acquire Multifamily Asset In Morris Heights For $4.37M With Ariel Property Advisors

The multifamily asset located at 1643-1645 Popham Avenue in the Morris Heights neighborhood of the Bronx has been sold for a transaction amount of $4,366,666. The building contains a total of 18 residential units, encompassing a square footage of 15,224 with a price per unit of $242,592 and a price per square foot of $286.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $4,366,666
• Address: 1643-1645 Popham Avenue
• Market: Morris Heights, Bronx
• Units: 18
• Price Per Unit: $242,592
• Square Footage: 15,224
• Price Per Square Foot: $286
• Buyer: Sam Muratov & Ilya Muratov
• Broker Representatives: Daniel Mahfar, Jason M. Gold, Jake Brody & Paul Monaco - Ariel Property Advisors

Ariel Property Advisors, representing the transaction, emphasizes their extensive portfolio, which includes over 2000 multifamily units available in the Bronx, featuring free market assets, rent stabilized properties, and value-add affordable portfolios.