Updated Sep 5, 2024
Ariel Property Advisors Brokers $12.15M Multifamily Sale In Longwood, Bronx
725 737 Fox Street
$12,150,000
$116/SF
Building Size
104,400 SF
Asset Type
MultiFamily
Closing
Oct 11, 2022
About this deal
AI
A multifamily property located at 725-737 Fox Street in Longwood, Bronx has been sold for a total price of $12,150,000. The property consists of 106 units, with an average price per unit of $114,623. The total square footage of the property is 104,400, resulting in a price per square foot of $116.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,150,000
- Address: 725-737 Fox Street, Longwood, Bronx
- Market: Longwood, Bronx
- Units: 106
- Price Per Unit: $114,623
- Total Square Footage: 104,400
- Price Per Square Foot: $116
The sale of this property was facilitated by brokers Victor Sozio, Jason M. Gold, Shimon Shkury, and Daniel Mahfar from Ariel Property Advisors.
Players
Wagga Wagga City Council 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
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93