facebook
Traded Co logo
Submit

Arsan Yakubov Acquires Wakefield Multifamily For $389,000

Property Image
SOLD
$389,000

New York

See Similar Deals
MultiFamily1,600 SF
Sold 05/05/2022
the dealplayerscompscontact
Property Image
SOLD

Arsan Yakubov Acquires Wakefield Multifamily For $389,000

1000 East 225th Street, The Bronx, New York 10466, United States

See Similar Deals
MultiFamily1,600 SF
Sold 05/05/2022
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$243
Total Square Footage:1,600 SF
Transaction Type:Sale

A multifamily property located at 1000 E. 225th St. in Wakefield has been sold. The sale took place on 05/05/2022. The property was purchased by Arsan Yakubov from NYCT for a total price of $389,000. The property consists of 2 units, with a price per unit of $194,500. The total size of the property is 1,600 square feet, resulting in a price per square foot of $243.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $389,000
  • Address: 1000 E. 225th St.
  • Market: Wakefield
  • Buyer: Arsan Yakubov
  • Seller: NYCT
  • Broker: Bension Abramov - Living Property Group (www.livingpropertygroup.com)
  • Units: 2
  • Price per Unit: $194,500
  • Total Size: 1,600 square feet
  • Price per Square Foot: $243

The sale was facilitated by Bension Abramov of Living Property Group. For more information about the broker, you can visit their website at www.livingpropertygroup.com.

Players

Bension Abramov
Bension Abramov
2 deals$829K volume
BROKER

Details

SOLD
IMAGE: Bension Abramov DATE: 05/05/2022 ADDRESS: 1000 E. 225th St. MARKET: Wakefield ASSET TYPE: Multifamily BUYER: Arsan Yakubov SELLER: NYCT BROKER: Bension Abramov - Living Property Group (www.livingpropertygroup.com) SALE PRICE: $389,000 UNITS: 2 ~ PPU: $194,500 SF: 1,600 ~ PPSF: $243

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$20,746.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,382.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,844.06
Annual Debt Service$22,128.70