Updated Nov 27, 2024
2710 Creston Ave Bronx Multifamily Loan Closed Transaction
2710 Creston Ave, Bronx, NY 10468, USA
$81,700,000
Units
179
Asset Type
MultiFamily
Closing
May 3, 2023
About this deal
AI
The property asset involved in this closed transaction is a MultiFamily located at 2710 Creston Ave, Bronx, NY 10468, USA. The transaction date is May 3, 2023.
Summary of transation details
- Property Type: MultiFamily
- Transaction Date: May 3, 2023
- Address: 2710 Creston Ave, Bronx, NY 10468, USA
The individuals and companies involved in this deal are as follows:
- Brokers: Aaron Appel, Mo Beler, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Michael Ianno
The multifamily loan at 2710 Creston Ave, Bronx, NY 10468, USA in Bronx, New York financed for $81.7M in 2023. Reported inventory is 179 units across 179 units. Mo Beler, Michael Ianno, Keith Kurland, Adam Schwartz appear on the loan alongside CBRE, Walker & Dunlop. This page is the Bronx, New York file for the 2710 Creston Ave, Bronx, NY 10468, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Bronx sit in the Market section below. Filter that Bronx multifamily set by closing date to see what else financed near 2710 Creston Ave, Bronx, NY 10468, USA around 2023. Published consideration for 2710 Creston Ave, Bronx, NY 10468, USA is $81.7M, dated 2023. Cite this 2710 Creston Ave Bronx Multifamily Loan Closed Transaction loan when underwriting similar multifamily product around Bronx, New York.
Bronx MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93