Yochanan Cohen Acquires Multifamily Property In Bronx, Wakefield For $990K
1052 E 232nd St, The Bronx, NY 10466, USA
$990,000
$189/SF
Building Size
5,237 SF
Asset Type
MultiFamily
Closing
Aug 13, 2019
AI
Located in the Wakefield neighborhood of Bronx, the multifamily property at 1052 E 232nd Street was recently sold in a closed transaction. The property spans 5,237 square feet and was sold for $990,000, generating a price per square foot of $189. The transaction took place on August 14, 2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $990,000
- Address: 1052 E 232nd Street
- Market: Bronx, Wakefield
The seller of the property was Gloria Roberts, and the buyer was Yochanan Cohen. The deal was facilitated by brokers Otis D Gore & Angelyn Williams.
Players
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
16.02%
Cash-on-Cash
-4.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93