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331 Essex Street

Takla Gurung Purchases Multifamily Property From Fernando & Rosa Esteves For $1,030,000
SOLDMultiFamily

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

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.

Players

Luis Pinto

The Bixler Group, LLC

Broker

$2.1M

vol

2 deals

Broker

Harrison MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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