Marcus & Millichap Brokers Seth Glasser & Mike Fusco Sell Multifamily Property In Mount Hope, Bronx For $3.95M

Located at 1818 Clay Ave. in Mount Hope, Bronx, this multifamily property was recently sold in a closed transaction. The sale was facilitated by Seth Glasser and Mike Fusco of Marcus & Millichap, who represented the parties involved in the deal. The property consists of 25 units with a total square footage of 19,158. The sale price for this property was $3,950,000, resulting in a price per unit of $158,000 and a price per square foot of $206.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $3,950,000
• Units: 25
• Price per Unit: $158,000
• Total Square Footage: 19,158
• Price per Square Foot: $206

Seth Glasser and Mike Fusco, brokers from Marcus & Millichap, played a vital role in the successful completion of this transaction. Their expertise and negotiation skills helped the parties reach a mutually favorable agreement.