Djavid Rraci Acquires Bronx Multifamily From Traficante Family

The multifamily property located at 1955-57 Lurting Avenue in the Bronx has been sold in a closed transaction. The property spans 6,700 square feet and was sold for a price of $1,740,000, resulting in a price per square foot of $259.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $1,740,000
• Square Footage: 6,700
• Price per Square Foot: $259
• Address: 1955-57 Lurting Avenue
• Market: Bronx

The buyer of the property is Djavid Rraci, while the seller is the Traficante Family. The transaction was facilitated by brokers Robert Shapiro, Michael Fioravanti, and Jonathan Squires from Cushman & Wakefield under the team name TeamShapiro_InvestmentSales. They represented both parties in the deal.