Angela Gazivoda Of Gazivoda Realty Acquires Multifamily Asset At 80 Mcclellan St For $7.85M
80 Mcclellan Street
$7,850,000
$62/SF
Building Size
124,805 SF
Asset Type
MultiFamily
Closing
Apr 21, 2026
AI
A multifamily asset located at 80 Mcclellan Street in the Concourse neighborhood of the Bronx was sold. The property comprises 124,805 square feet and was transacted for $7,850,000, which equates to approximately $63 per square foot.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,850,000
- Square Footage: 124,805
- Address: 80 Mcclellan Street
- Market: Concourse, Bronx
- Buyer: Angela Gazivoda - Gazivoda Realty
- Seller: Arelis Alkoff
Angela Gazivoda, representing Gazivoda Realty, successfully facilitated the acquisition of this multifamily asset from seller Arelis Alkoff. The transaction reflects a notable strategy in the market, considering the pricing relative to the asset's size.
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
2.02%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93