Mordche Fuchs, Samuel Feferkorn pay $5.5M for rentals in Fieldston

Mordche Fuchs and Samuel Feferkorn paid $5.5 million for two rental properties in Fieldston, the Bronx, in two transactions.

In the first, Mordche Fuchs and Samuel Feferkorn through the entity Manhattan Way Cf LLC paid $2.75 million to Roseann Manginelli and Vito Manginelli through the entity Cipdale Realty LLC for the 34-unit property (C1) at 4652 Manhattan College Parkway in Fieldston, Bronx. The expected use is cash flowing.
The deal closed on April 16, 2026 and was recorded on April 21, 2026. The property has 24,544 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $112 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on August 21, 2008, for $3.2 million.

In the second, Mordche Fuchs and Samuel Feferkorn through the entity Manhattan Way Cf LLC paid $2.75 million to Roseann Manginelli and Vito Manginelli through the entity Picdale Realty LLC for the 33-unit property (C1) at 215 West 242nd Street in Fieldston, Bronx. The expected use is cash flowing.
The deal closed on April 16, 2026 and was recorded on April 21, 2026. The property has 21,660 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $126 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on August 21, 2008, for $3.4 million.

The signatory for Roseann Manginelli and Vito Manginelli was Steven Kaplan . The contract date was December 2, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Mordche Fuchs had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Roseann Manginelli had not purchased any other properties and sold three properties in three transactions for a total of $11.8 million over the same time period. The former owners according to the Department of Housing Preservation and Development includes Rosa Ferraro, head officer and Francisco Medrano, site manager. The business entities are Appula Mgmt Corp and Cipdale Realty Llc. The 24,544-square-foot property generated revenue of $541,666 or $22 per square foot, according to the most recent income and expense figures.

The property

The property with 34 residential units in Fieldston has 24,544 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 69 feet and is 88 feet deep with a total lot size of 6,100 square feet. The zoning is R6 which allows for up to 2.43 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.9 million. The property has 33 rent regulated units according to city tax records from 2024.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of one of the eight commercial properties representing 6,000 square feet of the 116,358 square feet. The identified owner is Lotus Management.
There are no active new building construction projects on this tax block.

The majority, or 40 percent of the 116,358 square feet of built space are walkup buildings, with elevator buildings next occupying 39 percent of the space.

The buyer

The PincusCo database currently indicates that Samuel Feferkorn owned at least two commercial properties with 55 residential units in New York City with 50,400 square feet and a city-determined market value of $8.3 million. (Market value is typically about 50% of actual value.) The portfolio has $5 million in debt, borrowed from New York Community Bank. Within the portfolio, all identified are walkup properties.

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