Updated Dec 21, 2023
Menachem Gansburg Acquires Apartment In Foxhurst, Bronx For $4.03M
1006 Intervale Avenue, The Bronx, New York 10459, United States
$4,030,000
$317/SF
Building Size
12,712 SF
Asset Type
MultiFamily
Closing
Sep 19, 2022
About this deal
AI
The property at 1006 Intervale Avenue in Foxhurst, Bronx has been sold for $4,030,000. The apartment building has a total square footage of 12,712 and a price per square foot of $317. The building has a total of 12,900 buildable square feet and a price per buildable square foot of $312. The lot size is 3,750 square feet, with dimensions of 37.5 ft x 100 ft. The property is zoned as R7-1 and has a floor area ratio (FAR) of 3.39. The property's tax class is 2. The seller of the property is Chaim Abramson, and the buyer is Menachem Gansburg.
Summary of transation details
- Property Type: Apartment
- Transaction Amount: $4,030,000
- Market: Foxhurst, Bronx
- Zoning: R7-1
- BSF: 12,900
- PPBSF: $312
- SF: 12,712
- PPSF: $317
- FAR: 3.39
- Tax Class: 2
- Lot Size: 3,750
- Lot Dimension: 37.5 ft x 100 ft
Menachem Gansburg represented the buyer in this property transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.94%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93