How Giuseppe Inglese Closed $22.9M in Off-Market Bronx Deals

When a family has held real estate for decades, the decision to sell is never just a financial one. It's personal. And when that moment comes, they don't call a listing service — they call someone they trust.

For the Sacchetti family, that call went to Giuseppe Inglese.

Over the span of less than a decade, Giuseppe brokered two landmark off-market dispositions for the Sacchettis — first at 1441-1451 Overing Street, then at 3120 Wilkinson Avenue — totaling $22.9 million across 187 units. Neither deal was publicly marketed. Both closed cleanly. That's not a coincidence. That's a relationship built on results.

The Sacchetti family had owned the two contiguous Bronx apartment buildings at 1441-1451 Overing Street — also known as 2522-24 Frisby Avenue — for over 40 years. A combined 119 residential units across 99,294 square feet. A generational asset by any measure.

Giuseppe brought the deal to a close entirely off-market: no public listing, no prolonged marketing process, no disruption to tenants or ownership. The property traded for $10.8 million — the first sale of these buildings in four decades.

For a seller who had never been through a disposition of this scale, Giuseppe delivered exactly what a long-tenured owner needs: discretion, precision, and a result.

The Sacchetti family came back to Giuseppe with another asset — a 68-unit elevator building in Pelham Bay they had owned for nearly four decades.

Once again, the deal never hit the open market. Bashkim Celaj, through the entity Shaban Realty LLC, paid $12.1 million to the Sacchetti family through the entity 2155 Realty Corp. — a clean, quiet transaction that reflected both the strength of the submarket and the trust the seller placed in their broker.

At $152 per square foot and approximately $177,941 per unit across 79,400 square feet, the deal stood as a meaningful data point for Pelham Bay multifamily values.

The numbers tell one story. The pattern tells a bigger one.

When the Sacchetti family — one of the Bronx's most established long-tenured ownership groups — needed to move a generational asset, they didn't put it out to bid. They called Giuseppe. Twice. Across four decades of ownership and nearly $23 million in transactions.

Pelham Bay and Westchester Square remain among the Bronx's most consistently performing rental submarkets — stable, supply-constrained, and supported by strong transit access. Deals of this scale are rare, and when they happen, they matter.

That's the definition of a trusted advisor, not just a broker.

If you own a New York City multifamily asset and are exploring your options — on your timeline, without the public exposure — Giuseppe Inglese offers the kind of market depth and discretion that public brokerage can't replicate.

The best deals don't always make headlines before they close. 

Giuseppe Inglese

Lundgren Team  |  SERHANT.

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