Reuben Lugassy Represents Buyer In $1.175M Sale Of Bronx Multifamily From Ali Lawrence

The property asset involved in the transaction is a multifamily building located at 1039 Longfellow Avenue in the Bronx. The transaction closed on 10/20/2025 for a sale price of $1,175,000, featuring a total of 4 units. The building encompasses 3,306 square feet, resulting in a price per unit of $293,750 and a price per square foot of $355.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,175,000
• Units: 4
• Square Footage: 3,306
• Price Per Unit: $293,750
• Price Per Square Foot: $355
• Seller: Ali Lawrence
• Buyer's Representative: Reuben Lugassy
• Seller's Representatives: Liron Iskhakbayev & Avraham Birnbaum - Twelve Stones Realty

The deal included notable participants in the real estate market, with Liron Iskhakbayev and Avraham Birnbaum representing the seller through Twelve Stones Realty. Additionally, Reuben Lugassy represented the buyer in this transaction. A welcoming note acknowledged Liron Iskhakbayev's integration into the Twelve Stones Realty team, celebrating this as the first of many closings.