Joshua Dardashtian Acquires Multifamily Property In Mott Haven, Bronx For $2M

Located in Mott Haven, Bronx, at 591 & 593 E 137th Street, this multifamily property has been sold in a recent transaction. The sale, facilitated by Richard Guarino from Friedman-Roth Realty, saw Joshua Dardashtian from Dash Real Estate Group acquire the property from the Del Gigante Family. The sale price for this asset was $2,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Units: 27
• Price Per Unit (PPU): $74,074
• Square Footage: 8,400
• Price Per Square Foot (PPSF): $238
• Address: 591 & 593 E 137th Street
• Market: Mott Haven, Bronx

Dash Real Estate Group, led by Joshua Dardashtian, expressed their satisfaction with the acquisition, stating that their portfolio in Mott Haven continues to expand with the addition of 591-593 E137th St. They are actively seeking redevelopment/rehab properties and development sites throughout the boroughs of NYC, Lower Westchester, and Long Island. Opportunities can be sent to [email protected].