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.