Updated Oct 29, 2024
Benzy Werzberer & HDFC Acquire Development Site On Anthon Ave In Bronx For $5.5M
1804-1806-1808 Anthon Ave Bronx Ny
$5,526,000
$153/SF
Building Size
36,000 SF
Asset Type
MultiFamily
Closing
Apr 27, 2023
About this deal
AI
A development site located at 1804-1806-1808 Anthon Ave in Bronx has been sold for a price of $5,526,000. The property measures approximately 36,000 square feet, resulting in a price per square foot of $154.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $5,526,000
- Address: 1804-1806-1808 Anthon Ave, Bronx
- Market: Bronx
The buyer of the property is Benzy Werzberer & HDFC, while the seller is Ari Thaler.
The multifamily sale at 1804-1806-1808 Anthon Ave Bronx Ny sold for $5.5M in 2023. The building is 36,000 square feet, implying about 153 per square foot on the published price. Named participants on the 1804-1806-1808 Anthon Ave Bronx Ny sale are Ari Thaler. This page is the market file for the 1804-1806-1808 Anthon Ave Bronx Ny multifamily sold: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Filter that local multifamily set by closing date to see what else sold near 1804-1806-1808 Anthon Ave Bronx Ny around 2023. Published consideration for 1804-1806-1808 Anthon Ave Bronx Ny is $5.5M, dated 2023. Cite this Benzy Werzberer & HDFC Acquire Development Site On Anthon Ave In Bronx For $5.5M sale when underwriting similar multifamily product.
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Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.87%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93