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.
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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