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1076 Findlay Avenue, Bronx,...

Updated Dec 18, 2023

Benet Shaliaku Acquires Multifamily Property In Bronx For $1.1M
SOLDMultiFamily

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

Marcel Fridman

Barcel Group

Broker

$468.3M

vol

146 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $121 per square foot on a published $1.1M for 9,072 square feet (2021).

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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

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