Yochanan Cohen Acquires Multifamily Property In Bronx, Wakefield For $990K
SOLD
$990,000
New York
See Similar DealsMultiFamily5,237 SF
Sold 08/14/2019
SOLD
Yochanan Cohen Acquires Multifamily Property In Bronx, Wakefield For $990K
1052 E 232nd St, The Bronx, NY 10466, USA
See Similar DealsMultiFamily5,237 SF
Sold 08/14/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$189
Total Square Footage:5,237 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$52,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,517.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,693.11
Annual Debt Service$56,317.26
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