facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

Tudor Pl, The Bronx, NY 104...

David Kaye & Joe Listhaus, Peter Hungerford, And Shlomo Tajerstein Acquire Multifamily Portfolio For $33.6M In Bronx
SOLDMultiFamily

David Kaye & Joe Listhaus, Peter Hungerford, And Shlomo Tajerstein Acquire Multifamily Portfolio For $33.6M In Bronx

Tudor Pl, The Bronx, NY 10452, USA

$33,600,000

$106/SF

Building Size

314,590 SF

Asset Type

MultiFamily

Closing

Dec 2, 2022

AI

The multifamily property located at 111 Tudor Place, 112-114 Tudor Place, 117-119 Tudor Place, 1170 Walton Ave., 1176 Walton Ave., and 309 East 164th St. in Bronx has been sold in a transaction. The property features a total of 297 units, with a price per unit of $113,131, and a total square footage of 314,590. The sale price for the property was $33,600,000, with a price per square foot of $107.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $33,600,000
  • Units: 297
  • Price per Unit: $113,131
  • Square Footage: 314,590
  • Price per Square Foot: $107
  • Market: Bronx

The buyers in this transaction were David Kaye, Joe Listhaus of Rockledge, Peter Hungerford of PH Realty Capital, and Shlomo Tajerstein. The sellers were The Leeds Family. The deal was facilitated by brokers Vic Sozio, Daniel Mahfar, Jason M. Gold, and Shimon Shkury of Ariel Property Advisors.

Players

Daniel Mahfar

Ariel Property Advisors

Broker

$756.1M

vol

43 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.47%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93