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Two Bronx apartment buildings change hands

Multifamily deal is significant in high-demand Pelham Bay neighborhood
The deal included this building at 1770 Mahan Ave. (CoStar).
The deal included this building at 1770 Mahan Ave. (CoStar).
By Samuel Hardy
CoStar Research
February 24, 2026 | 5:33 P.M.

Two fully leased apartment buildings, totaling 71 units, have changed hands in the Pelham Bay section of the Bronx. The properties in one of the New York City borough’s most stable residential areas traded for $8.2 million, or about $115,500 per unit.

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