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1019 East Gun Hill Road

Stark Family Purchases 3 Unit Multifamily Property From Regev Family For $999,999 In Bronx
SOLDMultiFamily

Stark Family Purchases 3 Unit Multifamily Property From Regev Family For $999,999 In Bronx

1019 East Gun Hill Road

$999,999

$494/SF

Building Size

2,022 SF

Asset Type

MultiFamily

Closing

Mar 23, 2026

AI

The property asset involved in the transaction is a multifamily unit located at 1019 East Gun Hill Road in the Williamsbridge area of the Bronx. The sale price of the property was $999,999, featuring a total of 3 units. The square footage of the asset is 2,022, resulting in a price per unit of $333,333 and a price per square foot of $494.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $999,999
  • Units: 3
  • Square Footage: 2,022
  • Price Per Unit: $333,333
  • Price Per Square Foot: $494
  • Buyer: Stark Family
  • Seller: Regev Family
  • Broker: Jared Friedman - Investment Property Realty Group

The key individuals involved in this transaction include the Stark Family as the buyer and the Regev Family as the seller. Jared Friedman from Investment Property Realty Group represented the multifamily asset in this deal, facilitating the transaction between the parties involved.

Players

Jared Friedman

Investment Property Realty Group (IPRG)

Broker

$34.9M

vol

26 deals

Broker

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93