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1990 Ellis Avenue

Dedushi Family Purchases Bronx Multifamily Asset From Oppenheimer Family For $5.5 Million
SOLDMultiFamily

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

Zachary Fuchs

GFI Realty Services

Broker

$325.2M

vol

63 deals

Broker

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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