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
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