Anthony Gazivoda Of Gazivoda Realty Acquires Bronx Multifamily From The Gordon Family For $5.275M
3551 Dekalb Avenue
$5,275,000
$59/SF
Building Size
88,200 SF
Asset Type
MultiFamily
Closing
Apr 23, 2025
AI
The property asset involved in the transaction is a multifamily building located at 3551 Dekalb Avenue in the Bronx. The sale price for this asset was $5,275,000, encompassing 77 units within an 88,200 square foot structure, resulting in a price per unit of $68,506 and a price per square foot of $59.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,275,000
- Units: 77
- Square Footage: 88,200
- Price Per Unit: $68,506
- Price Per Square Foot: $59
- Buyer: Anthony Gazivoda - Gazivoda Realty
- Seller: The Gordon Family
- Brokers: Jonathan Squires, Josh Neustadter, Austin Weiner & Kieran Baker - Cushman & Wakefield
The individuals involved in the deal include the buyer, Anthony Gazivoda of Gazivoda Realty, who acquired the property from the seller, The Gordon Family. The transaction was facilitated by brokers from Cushman & Wakefield, specifically Jonathan Squires, Josh Neustadter, Austin Weiner, and Kieran Baker, who played a key role in the successful sale.
Players
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
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93