Updated Aug 10, 2026
Takla Gurung Purchases Multifamily Property From Fernando & Rosa Esteves For $1,030,000
331 Essex Street
$1,030,000
$484/SF
Building Size
2,128 SF
Asset Type
MultiFamily
Closing
Aug 6, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily unit located at 331 Essex Street in the Harrison market. The sale was concluded for $1,030,000, comprising 3 units within a total square footage of 2,128. This results in a price per unit of $343,333 and a price per square foot of $484.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,030,000
- Units: 3
- Square Footage: 2,128
- Price Per Unit: $343,333
- Price Per Square Foot: $484
- Buyer: Takla Gurung
- Seller: Fernando & Rosa Esteves
- Broker: Luis Pinto - The Pinto Group - The Bixler Group LLC
The key individuals in this transaction include buyer Takla Gurung and sellers Fernando & Rosa Esteves, with broker representation provided by Luis Pinto from The Pinto Group, associated with The Bixler Group LLC, facilitating the deal on behalf of the seller.
On the Map
$1,030,000
$484/SF
MultiFamily
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Players
Harrison 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
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93