Aziz Tareb Acquires Multifamily Property In Morris Park, Bronx For $1.3M

An multifamily property located at 1812 Radcliff Avenue in the Morris Park neighborhood of Bronx has been sold for a total of $1,300,000. The property consists of 6 units and spans across 5,178 square feet. With a price per unit (PPU) of $216,667 and a price per square foot (PPSF) of $251, this property offers a valuable investment opportunity in the thriving market of Morris Park.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• Units: 6
• Price per Unit (PPU): $216,667
• Square Footage (SF): 5,178
• Price per Square Foot (PPSF): $251
• Market: Morris Park, Bronx

Aziz Tareb has acquired the property, while Domenick Ciaccia acted as the seller. The transaction was facilitated by Valon Nikci from Link NY Realty, who represented both the buyer and the seller as the broker in this deal.

Valon Nikci, the broker involved in this transaction, also provided additional information about their services. They mentioned having access to over 200,000 properties throughout NYC, Westchester County, and CT, including off-market, foreclosures, distressed properties, value-add opportunities, and off-market properties. As a boutique commercial and residential real estate firm, they offer a wide range of options for potential buyers and investors.