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Gazivoda Realty Purchases 56-Unit Multifamily Building In Norwood Bronx For $5.2M

Property Image
SOLD
$5,200,000

New York

See Similar Deals
MultiFamily71,400 SF
Sold 09/29/2025
the dealdetailscomps
Property Image
SOLD

Gazivoda Realty Purchases 56-Unit Multifamily Building In Norwood Bronx For $5.2M

3209 Decatur Avenue

See Similar Deals
MultiFamily71,400 SF
Sold 09/29/2025
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$72
Total Square Footage:71,400 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 3209 Decatur Avenue in the Norwood neighborhood of the Bronx. It consists of 56 units and has a total built space of 71,400 square feet. The sale was completed for a total transaction amount of $5,200,000, resulting in a price per unit of $92,857 and a price per square foot of $73.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,200,000
  • Units: 56
  • Square Footage: 71,400
  • Price per Unit: $92,857
  • Price per Square Foot: $73
  • Buyer: Gazivoda Realty
  • Seller: Vito Manginelli
  • Sale Date: September 29, 2025

The buyer, Gazivoda Realty, represented by 3209 Decatur Realty LLC, completed the purchase from seller Vito Manginelli. This acquisition reflects Gazivoda Realty's investment strategy in the multifamily market of the Bronx.

Players

GR
Gazivoda Realty
BUYER

Details

SOLD
IMAGE: 09/29/2025 ADDRESS: 3209 Decatur Avenue MARKET: Norwood, Bronx ASSET TYPE: Multifamily BUYER: Gazivoda Realty SELLER: Vito Manginelli SALE PRICE: $5,200,000 UNITS: 56 ~ PPU: $92,857 SF: 71,400 ~ PPSF: $73 NOTE: Gazivoda Realty’s 3209 Decatur Realty LLC bought the 56-unit elevator building at 3209 Decatur Avenue, Bronx, for $5.2M, closing Sept. 29, 2025, with 71,400 square feet of built space at $73 per square foot.

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