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

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SOLD
$5,500,000

New York

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

1990 Ellis Avenue

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MultiFamily76,000 SF
Sold
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$72
Total Square Footage:76000 SF
Transaction Type:Sale

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
62 deals$322.8M volume
BROKER

Michael Weiser
GFI Realty Services
33 deals$512.7M volume
BROKER

Details

SOLD
IMAGE: Zachary Fuchs & Michael Weiser DATE: 2/26/2026 ADDRESS: 1990 Ellis Avenue MARKET: Bronx ASSET TYPE: Multifamily BUYER: Dedushi Family SELLER: Oppenheimer Family BROKERS: Zachary Fuchs (@ZacharyDFuchs) - GFI Realty Services (@GFIRealty) SALE PRICE: $5,500,000 UNITS: 82 ~ PPU: $67,073 SF: 76,000 ~ PPSF: $72

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
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