Updated Dec 18, 2023
Benet Shaliaku Acquires Multifamily Property In Bronx For $1.1M
1076 Findlay Avenue, Bronx, NY 10456
$1,100,000
$121/SF
Building Size
9,072 SF
Asset Type
MultiFamily
Closing
Sep 14, 2021
About this deal
AI
Located at 1076 Findlay Ave, in the Bronx, this multifamily property was recently sold in a closed transaction. The sale took place on September 14, 2021, and the asset type is classified as Multifamily with a tax class of 2B. The property spans a total square footage (SF) of 9,072 and has a price per square foot (PPSF) of $121. The building has a total of 9 units, with a price per unit (PPU) of $122,222. The sale price for this property was $1,100,000, while the building square footage (BSF) stands at 12,384, resulting in a price per BSF (PPBSF) of $88.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 1076 Findlay Ave
- Market: Bronx
- Tax Class: 2B
- BSF: 12,384
- PPBSF: $88
- SF: 9,072
- PPSF: $121
- Units: 9
- PPU: $122,222
The buyer in this transaction was Benet Shaliaku, while the broker representing both the buyer and seller was Marcel Fridman from the Barcel Group.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93