Refoua family pays $4.8M to Christ Stratakis for mixed-use in Norwood

Daniel Daryouth Refoua, Tiffany Adhami Refoua, and Rebecca Refoua through the entity Gun Hill 26 LLC paid $4.8 million to Christ Stratakis through the entity Ermioni 360 Realty, LLC for the mixed-use building (K4) at 360-368 East Gun Hill Road in Norwood, Bronx.
The deal closed on December 24, 2025 and was recorded on January 21, 2026. The property has 18,207 square feet of built space and 26,273 square feet of additional air rights for a total buildable of 44,532 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $263 and the price per buildable square foot is $107 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 November 19, 2015, for $5.3 million. The signatory for Christ Stratakis was John C. Stratakis. The signatory for Daniel Daryouth Refoua, Tiffany Adhami Refoua , and Rebecca Refoua was Rebecca Reform. The contract date was October 8, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Daniel Daryouth Refoua had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Christ Stratakis had not purchased any other properties and had not sold any properties over the same time period. The 18,207-square-foot property generated revenue of $465,021 or $26 per square foot, according to the most recent income and expense figures.

The property

The mixed-use building in Norwood has 18,207 square feet of built space and 26,273 square feet of additional air rights for a total buildable of 44,532 square feet according to a PincusCo analysis of city data. The parcel has frontage of 100 feet and is 116 feet deep with a total lot size of 11,133 square feet. The lot is irregular. The zoning is R7A which allows for up to 4 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $2.4 million.

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 received $50 in OATH penalties 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 neighborhood

In Norwood, The bulk, or 48 percent of the 17.8 million square feet of commercial built space are elevator buildings, with walkup buildings next occupying 30 percent of the space. In sales, Norwood has the 21st highest sale turnover among other neighborhoods in Bronx with $72.9 million in sales volume in the last two years. For development, Norwood has had very little major development activity relative to other neighborhoods.It had 191,778 square feet of commercial and multi-family construction under development in the last two years, which represents 1 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of 12 of the 24 commercial properties representing 347,293 square feet of the 668,753 square feet. The largest owner is Ayush Kapahi, followed by Yechiel Weinberger and then Fatmir Krasniqi.
On the tax block, there were six new building construction projects totaling 84,875 square feet. The largest is a 55-unit, 35,450 square-foot residential (R-2) building submitted by Spaxel and filed by Albert Gjonbalaj with plans filed March 6, 2018 and it has not been permitted yet. The second largest is a 43-unit, 30,433 square-foot residential (R-2) building submitted by Spaxel and filed by Albert Gjonbalaj with plans filed March 6, 2018 and it has not been permitted yet.

The majority, or 65 percent of the 668,753 square feet of built space are elevator buildings, with walkup buildings next occupying 30 percent of the space.

The seller

The PincusCo database currently indicates that Christ Stratakis owned at least one commercial property with 74 residential units in New York City with 57,000 square feet and a city-determined market value of $6.1 million. (Market value is typically about 50% of actual value.) The portfolio has $6.4 million in debt, borrowed from Alma Bank. The portfolio consists of at least a single elevator property. It is located in Queens.

The buyer

The PincusCo database currently indicates that Tiffany Adhami Refoua owned at least two commercial properties in New York City with 17,000 square feet and a city-determined market value of $1.8 million. (Market value is typically about 50% of actual value.) Within the portfolio, all identified are mixed-use properties. They are all located in Bronx.
The PincusCo database currently indicates that Rebecca Refoua owned at least one commercial property in New York City with 16,255 square feet and a city-determined market value of $2.2 million. (Market value is typically about 50% of actual value.) The portfolio consists of at least a single office property. It is located in Bronx.

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