Mavashev and Leser of Alpha Realty broker $16.65 million sale

May 10, 2022 - Front Section
Lev Mavashev

 

Yehuda Leser

 

Bronx, NY Alpha Realty’s Lev Mavashev and Yehuda Leser brokered the off-market sale of four rent-stabilized multifamily properties totaling $16.65 million. The buyer is a family-owned real estate management company which owns and operates thousands of units throughout the boroughs of NYC. Mavashev and Leser represented both the buyer and sellers in negotiating these transactions.

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“We are seeing the strongest demand for multifamily assets in the Bronx right now since the passage of the 2019 rent laws” said Mavashev. “There is increased interested from investors for stabilized cash flowing buildings.”

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