Dedushi Family Purchases Bronx Multifamily Asset From Oppenheimer Family For $5.5 Million
1990 Ellis Avenue
$5,500,000
$72/SF
Building Size
76,000 SF
Asset Type
MultiFamily
Closing
Feb 26, 2026
AI
The property asset involved in this transaction is a multifamily building located at 1990 Ellis Avenue in the Bronx. The sale price for the property was $5,500,000, and it consists of 82 units, resulting in a price per unit of $67,073. The total square footage of the property is 76,000, which gives it a price per square foot of $72.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Units: 82
- Price Per Unit: $67,073
- Square Footage: 76,000
- Price Per Square Foot: $72
- Buyer: Dedushi Family
- Seller: Oppenheimer Family
- Brokers: Zachary Fuchs - GFI Realty Services
- Transaction Date: 2/26/2026
- Market: Bronx
Zachary Fuchs from GFI Realty Services represented the buyer, Dedushi Family, in this transaction. The seller, Oppenheimer Family, was involved in the sale of the multifamily asset, marking an important deal within the Bronx real estate market.
Players
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93