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

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SOLD
$1,070,000

New York

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Mixed-use4,433 SF
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SOLD

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

4625 Furman Avenue

See Similar Deals
Mixed-use4,433 SF
Sold
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$241
Total Square Footage:4,433 SF
Transaction Type:Sale

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
23 deals$30.1M volume(646) 933-2615
BROKER

Investment Property Realty Group (IPRG)
BROKERAGE

Details

SOLD
IMAGE: Jared Friedman DATE: 8/27/2025 ADDRESS: 4625 Furman Avenue MARKET: Wakefield, Bronx ASSET TYPE: Mixed-use SELLER: Gurpaul Ahluwalia BROKER: Jared Friedman (@Jared_F11) - Investment Property Realty Group (@IPRG_NY) SALE PRICE: $1,070,000 UNITS: 4 ~ PPU: $267,500 SF: 4,433 ~ PPSF: $241 NOTE FROM BROKER: This is Team Friedman’s 7th building sold in the Wakefield/Williamsbridge section of the Bronx. If you want to buy or sell real estate in the Bronx, please reach out to [email protected].

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,801.48
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