Updated Dec 21, 2023
Henrik Berisha Acquires Multifamily Properties In Bronx & East Harlem From Ron Rettner For $10.5M
1098 Croes Avenue, Bronx, NY, USA
$10,500,000
$160/SF
Building Size
65,405 SF
Asset Type
MultiFamily
Closing
Jun 29, 2020
About this deal
AI
Located at 1090-1098 Croes Ave. & 19-21 East 109th St. in the Bronx and East Harlem, this multifamily property spans approximately 65,405 square feet. The transaction, which took place on June 29, 2021, involved the sale of the property.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,500,000
- Buyer: Henrik Berisha
- Seller: Ron Rettner
- Brokers: Aaron Jungreis & Ben Khakshoor from RosewoodRG
Aaron Jungreis and Ben Khakshoor, representing RosewoodRG, facilitated the sale of this multifamily property. Henrik Berisha acquired the property from Ron Rettner for a total of $10,500,000. The transaction marks an important deal within the Bronx and East Harlem real estate market.
On the Map
$10,500,000
$160/SF
MultiFamily
View full map
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Ben Khakshoor to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93