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4625 Furman Avenue

Gurpaul Ahluwalia Sells Mixed-Use Property At 4625 Furman Avenue For $1.07M
SOLDMixed-use

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

Jared Friedman

Investment Property Realty Group (IPRG)

Broker

$34.9M

vol

26 deals

Broker
Investment Property Realty Group (IPRG)
Investment Property Realty Group (IPRG)Brokerage

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

14.83%

Cash-on-Cash

-4.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93