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2913 Middletown Road

Saywack Family Acquires Mixed-Use Property From Caiola Family For $1.025M In Bronx
SOLDMixed-use

Saywack Family Acquires Mixed-Use Property From Caiola Family For $1.025M In Bronx

2913 Middletown Road

$1,025,000

$102/SF

Building Size

10,000 SF

Asset Type

Mixed-use

Closing

Sep 24, 2025

AI

The asset involved in this transaction is a mixed-use property located at 2913 Middletown Road in the Bronx. It consists of 1 commercial unit and 11 residential apartments, totaling 12 units. The property was sold for $1,025,000, with a price per unit of $85,417. It has a total square footage of 10,000, resulting in a price per square foot of $102.

Summary of transation details:

  • Property Type: Mixed-use (1 Commercial & 11 Apt)
  • Transaction Amount: $1,025,000
  • Units: 12
  • Price Per Unit: $85,417
  • Square Footage: 10,000
  • Price Per Square Foot: $102
  • Buyer: Saywack Family
  • Seller: Caiola Family
  • Broker Representatives: Sam Schwartz, Shlomo Antebi, Erik Yankelovich & Yosef Katz - Atlas Realty Group
  • Date of Sale: 9/25/2025

This deal involved the Saywack Family as the buyer and the Caiola Family as the seller. The transaction was facilitated by broker representatives from Atlas Realty Group, which included Sam Schwartz, Shlomo Antebi, Erik Yankelovich, and Yosef Katz.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

129 deals

Broker
Atlas Realty Group
Atlas Realty GroupBrokerage

Bronx Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93