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Paul Gjonaj Acquires Multifamily Property At 2504 Olinville Avenue From Mark Scharfman For $4.1M

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SOLD
$4,100,000

New York

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MultiFamily31,751 SF
Sold 01/29/2025
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Property Image
SOLD

Paul Gjonaj Acquires Multifamily Property At 2504 Olinville Avenue From Mark Scharfman For $4.1M

2504 Olinville Avenue

See Similar Deals
MultiFamily31,751 SF
Sold 01/29/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$129
Total Square Footage:31,751 SF
Transaction Type:Sale

A multifamily property located at 2504 Olinville Avenue in Allerton, Bronx, was sold for $4.1 million. The building has a total area of 31,751 square feet, resulting in a price per square foot of $129. The transaction was finalized on January 29, 2025.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,100,000
  • Address: 2504 Olinville Avenue
  • Market: Allerton, Bronx
  • Square Footage: 31,751
  • Price Per Square Foot: $129
  • Buyer: Paul Gjonaj
  • Seller: Mark Scharfman

Paul Gjonaj executed the purchase representing the buyer in this transaction, while Mark Scharfman was the seller involved in the deal. Both parties facilitated the transfer of ownership for the multifamily asset in the specified market.

Players

3 deals$26.1M volume
BUYER

6 deals$44M volume
SELLER

Details

SOLD
IMAGE: 01/29/2025 ADDRESS: 2504 Olinville Avenue MARKET: Allerton, Bronx ASSET TYPE: MultiFamily BUYER: Paul Gjonaj SELLER: Mark Scharfman SALE PRICE: $4,100,000 SF: 31,751 ~ PPSF: $129 NOTE: On January 29, 2025, Paul Gjonaj purchased a multifamily property at 2504 Olinville Avenue in Allerton, Bronx for $4.1 million. The asset, spanning 31,751 square feet, was sold by Mark Scharfman at a price per square foot of $129.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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