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1075 Edison Avenue

Andrew Haxhiu Secures $2.16M Loan From Ukrainian Selfreliance Federal Credit Union For Multifamily Asset
FINANCEDMultiFamily

Andrew Haxhiu Secures $2.16M Loan From Ukrainian Selfreliance Federal Credit Union For Multifamily Asset

1075 Edison Avenue

$2,160,000

Building Size

Asset Type

MultiFamily

Closing

Nov 2, 2025

AI

The asset involved in this transaction is a multifamily property located at 1075 Edison Avenue in the Bronx. The acquisition loan granted amounts to $2,160,000, facilitating the purchase of this specific asset. The lender associated with this transaction is the Ukrainian Selfreliance Federal Credit Union.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,160,000
  • Lender: Ukrainian Selfreliance Federal Credit Union
  • Landlord: Andrew Haxhiu
  • Landlord's Representative: Matthew Barbaccia - Brix Real Estate Advisors
  • Loan Type: Acquisition

In this transaction, Andrew Haxhiu is identified as the landlord, with Matthew Barbaccia representing him from Brix Real Estate Advisors. The acquisition loan is pivotal to the completion of this deal, managed by the financial institution involved.

Players

Matthew Barbaccia

Brix Real Estate Advisors

Broker

$71.1M

vol

30 deals

Broker
Brix Real Estate Advisors
Brix Real Estate AdvisorsLandlord

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.34%

Cash-on-Cash

-2.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93