The property asset involved in this transaction is a multifamily building located at 1776 Castle Hill Avenue in the Bronx. The transaction occurred for a sale price of $7,500,000, encompassing 83 units with a price per unit of $90,361. The property has a total square footage of 78,000, which translates to a price per square foot of $96.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $7,500,000
• Units: 83
• Price Per Unit: $90,361
• Square Feet: 78,000
• Price Per Square Foot: $96
• Seller: Larry Berger
• Broker Representatives: Seth Glasser & Michael (Mike) Fusco - Marcus & Millichap

Seth Glasser and Michael Fusco, both representatives from Marcus & Millichap, facilitated the sale on behalf of the seller, Larry Berger. Their involvement underscores the team's expertise in managing multifamily property transactions within the Bronx market.