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887 East 178th Street

Avram Levy Purchases Multifamily Property At 887 East 178th Street For $1,375,000 With Brokers Seth Glasser Michael Fusco & Christopher Mehran
SOLDMultiFamily

Avram Levy Purchases Multifamily Property At 887 East 178th Street For $1,375,000 With Brokers Seth Glasser Michael Fusco & Christopher Mehran

887 East 178th Street

$1,275,000

$110/SF

Building Size

11,517 SF

Asset Type

MultiFamily

Closing

Apr 16, 2026

AI

The asset involved in this transaction is a multifamily property located at 887 East 178th Street in the Bronx. The sale price was $1,375,000, with a total square footage of 11,517 and a price per square foot of $119.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,375,000
  • Address: 887 East 178th Street
  • Market: Bronx
  • Square Footage: 11,517
  • Price per Square Foot: $119
  • Buyer: Avram Levy
  • Seller: Lindora Daniel
  • Brokers: Seth Glasser, Michael (Mike) Fusco & Christopher Mehran - Marcus & Millichap

Avram Levy acted as the buyer in this transaction, while Lindora Daniel was the seller. The brokers facilitating the deal included Seth Glasser, Michael (Mike) Fusco, and Christopher Mehran, all representing Marcus & Millichap.

Players

Michael Fusco

Marcus & Millichap

Broker

$584.2M

vol

90 deals

Broker

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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93