Rustem Gecaj & Tony Gecaj Acquire Bronx Multifamily From Arthur Leeds Associates For $16M

Located in the Bronx, this multifamily property at 75 W. Mosholu Pkwy. N. was recently sold for a total of $16,000,000. The transaction was completed on 06/01/2022 and involved a total of 92 units, giving a price per unit of $173,913. The property spans across a total area of 93,242 square feet, resulting in a price per square foot of $171.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,000,000
• Units: 92
• Price per Unit: $173,913
• Square Footage: 93,242
• Price per Square Foot: $171

The buyers in this transaction were Rustem Gecaj and Tony Gecaj. They purchased the property from the seller, Arthur Leeds Associates. The deal was facilitated by Aaron Jungreis, Alex Fuchs, and Ben Khakshoor from Rosewood Realty Group, who acted as the brokers in the transaction.