Janel Flats LLC Acquires Multifamily Property From Steven Witkoff For $16.13M In Bronx

Janel Flats, LLC acquired a multi-family property located at 801 Neill Avenue in the Morris Park neighborhood of the Bronx. The transaction occurred on November 20, 2025, involving a sale price of $16,134,032 for a total square footage of 252,400, resulting in a price per square foot of $64.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $16,134,032
• Address: 801 Neill Avenue
• Market: Morris Park, Bronx
• Square Footage: 252,400
• Price Per Square Foot: $64
• Buyer: Janel Flats, LLC
• Seller: Steven Witkoff - Stellar Management
• Date of Transaction: 11/20/2025

Steven Witkoff represented Stellar Management in this transaction, facilitating the sale of the property to Janel Flats, LLC. The involvement of these entities highlights the active participation of established players in the Bronx real estate market.