Updated Oct 25, 2024
Neer Sachar Acquires Multifamily Property On Lowell Street In Foxhurst, The Bronx
1041 Lowell St, The Bronx, NY 10459, USA
$408,000
$122/SF
Building Size
3,320 SF
Asset Type
MultiFamily
Closing
Aug 9, 2020
About this deal
AI
A multifamily property located at 1041 Lowell Street in Foxhurst, The Bronx, has been sold in a closed transaction. The property spans 3,320 square feet and was sold for a price of $408,000, resulting in a price per square foot of $122.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $408,000
- Address: 1041 Lowell Street
- Market: Foxhurst, The Bronx
The buyer of the property is Neer Sachar, while the seller is Budnarine Behari. Neer Sachar is actively seeking multifamily acquisitions in The Bronx and Brooklyn, and for more information, interested parties can contact Neer directly at [email protected].
On the Map
$408,000
$122/SF
MultiFamily
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New York 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
38.88%
Cash-on-Cash
-11.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93