Leze Gazivoda pays $5.7M for 49-unit rental in Riverdale

Leze Gazivoda through 2775 Morris Ave LLC paid Margaret M. Katz and Susan Jane Miller’s 2775 Mmk LLC $5.7 million for 2775 Morris Avenue in Riverdale. The deal closed on March 4, 2021 and was recorded on March 31, 2021. The transaction consists of 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 49 residential units. The property is 59,077 square feet. The parcel(s) have total development potential of 59,077 square feet.
The sale price per unit is $115,816.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.

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