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

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SOLD
$999,999

New York

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MultiFamily2,022 SF
Sold 03/23/2026
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Property Image
SOLD

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

1019 East Gun Hill Road

See Similar Deals
MultiFamily2,022 SF
Sold 03/23/2026
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$494
Total Square Footage:2,022 SF
Transaction Type:Sale

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
24 deals$32.5M volume(646) 933-2615
BROKER

Details

SOLD
IMAGE: Jared Friedman DATE: 3/23/2026 ADDRESS: 1019 East Gun Hill Road MARKET: Williamsbridge, Bronx ASSET TYPE: Multifamily BUYER: Stark Family SELLER: Regev Family BROKER: Jared Friedman (@Jared_F11) - Investment Property Realty Group (@IPRG_NY) SALE PRICE: $999,999 UNITS: 3 ~ PPU: $333,333 SF: 2,022 ~ PPSF: $494

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.29

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.07