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Gazivoda Realty Acquires 67-Unit Multifamily Building In Mt Hope For $4.3M

Property Image
SOLD
$4,300,000

New York

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MultiFamily66,550 SF
Sold
the dealdetailscomps
Property Image
SOLD

Gazivoda Realty Acquires 67-Unit Multifamily Building In Mt Hope For $4.3M

1860 Morris Avenue

See Similar Deals
MultiFamily66,550 SF
Sold
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$64
Total Square Footage:66550 SF
Transaction Type:Sale

A multifamily building located at 1860 Morris Avenue in the Mt Hope market of the Bronx was sold for $4,300,000. The property encompasses 66,550 square feet and consists of 67 units in an elevator building, presenting an opportunity for cash flow, along with air rights. The price per square foot is calculated at $65.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,300,000
  • Address: 1860 Morris Avenue
  • Market: Mt Hope, Bronx
  • Square Footage: 66,550
  • Price per Square Foot: $65
  • Buyer: Gazivoda Realty
  • Seller: Gary Perlow & Amy Chasin

Gazivoda Realty, through 1860 Morris LLC, executed the purchase of the property from sellers Gary Perlow and Amy Chasin. This transaction highlights the involvement of notable individuals in the real estate sector and their strategies for enhancing cash flow through property investment.

Players

GR
Gazivoda Realty
BUYER

Details

SOLD
IMAGE: 02/27/2026 ADDRESS: 1860 Morris Avenue MARKET: Mt Hope, Bronx ASSET TYPE: Multifamily BUYER: Gazivoda Realty SELLER: Gary Perlow & Amy Chasin SALE PRICE: $4,300,000 SF: 66,550 ~ PPSF: $65 NOTE: Gazivoda Realty, through 1860 Morris LLC, bought a 67-unit elevator building in Mt. Hope for $4.3M from Gary Perlow and Amy Chasin, targeting cash flow from the asset that spans 66,550 SF plus air rights.

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