Updated May 22, 2026
FINANCEDMultiFamily
1959 Jerome Avenue
$171,000,000
Units
290
Asset Type
MultiFamily
Closing
Apr 13, 2026
About this deal
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On the Map
$171,000,000
MultiFamily
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Players
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
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93