The property asset involved in this transaction is a multifamily unit located at 4308 Richardson Avenue in the Bronx. The sale price for this property was $980,000, encompassing a total of 5 units. The asset spans a square footage of 2,750, resulting in a price per unit of $196,000 and a price per square foot of $356.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $980,000
• Units: 5
• Square Footage: 2,750
• Price Per Unit: $196,000
• Price Per Square Foot: $356
• Buyer: Samuel Dekel
• Seller: Mary Harris
• Buyer's Representative: David Malul - Elite Homes NYC
• Date of Sale: 5/10/2025
• Market: Bronx

The transaction was facilitated by David Malul representing the buyer, Samuel Dekel, through his firm, Elite Homes NYC. The property was successfully acquired and assigned as a contract flip, showcasing the firm's expertise in sourcing both on and off-market properties while structuring profitable deals for investors.