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2710 Creston Ave, Bronx, NY...

2710 Creston Ave Bronx Multifamily Loan Closed Transaction
FINANCEDMultiFamily

2710 Creston Ave Bronx Multifamily Loan Closed Transaction

2710 Creston Ave, Bronx, NY 10468, USA

$81,700,000

Building Size

Asset Type

MultiFamily

Closing

May 3, 2023

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:

Players

Aaron Appel

Walker & Dunlop

Broker

$32.9B

vol

196 deals

Broker
CBRE
CBREBrokerage
CBRE
CBRELender
CIT Bank
CIT BankLender
Aaron Appel

Aaron Appel

Landlord

$32.9B

vol

196 deals

Landlord

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

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