Mohammad Ibrahim Acquires Multifamily Property From Faruk Dardashti In Bronx For $1.6M

The transaction involved a multifamily asset located at 3144 Decatur Avenue in the Bronx. The sale price for this property was $1,600,000, and it consists of 25 units, with a price per unit of $64,000. The total square footage of the property is 20,000, resulting in a price per square foot of $80.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Buyer: Mohammad Ibrahim
• Seller: Faruk Dardashti
• Broker: Nathaniel Smith - FIND Real Estate
• Units: 25
• Square Feet: 20,000
• Price Per Unit: $64,000
• Price Per Square Foot: $80

Nathaniel Smith represented the seller, Faruk Dardashti, in this transaction. The broker is affiliated with FIND Real Estate, specializing in off-market commercial real estate in the five boroughs and beyond.