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3551 Dekalb Avenue

Anthony Gazivoda Of Gazivoda Realty Acquires Bronx Multifamily From The Gordon Family For $5.275M
SOLDMultiFamily

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:

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

Josh Neustadter

Cushman & Wakefield

Broker

$545.5M

vol

60 deals

Broker
GR
Gazivoda RealtyBuyer

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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