Gurpaul Ahluwalia Sells Mixed-Use Property At 4625 Furman Avenue For $1.07M
4625 Furman Avenue
$1,070,000
$241/SF
Building Size
4,433 SF
Asset Type
Mixed-use
Closing
Aug 26, 2025
AI
The property involved in this transaction is a mixed-use asset located at 4625 Furman Avenue in the Wakefield market of the Bronx. The sale price for this property was $1,070,000, comprising four units within a total square footage of 4,433. The price per unit was $267,500, and the price per square foot amounted to $241.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,070,000
- Units: 4
- Square Footage: 4,433
- Price per Unit: $267,500
- Price per Square Foot: $241
- Seller: Gurpaul Ahluwalia
- Broker: Jared Friedman - Investment Property Realty Group
- Date of Transaction: 8/27/2025
This transaction marks the seventh building sold by Team Friedman in the Wakefield/Williamsbridge section of the Bronx. For real estate inquiries in the Bronx, those interested can contact Jared Friedman directly at [email protected].
Players
Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.83%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93