Updated Sep 9, 2024
Sean Berok Acquires 13-Unit Multifamily In South Bronx For $2.1M
1120 Fox St, The Bronx, NY 10459, USA
$2,100,000
$21/SF
Building Size
99,200 SF
Asset Type
MultiFamily
Closing
Nov 7, 2018
About this deal
AI
A multifamily property located at 1120 Fox Street in the South Bronx has been sold for $2,100,000. The property has a total area of 9,920 square feet and a price per square foot of $212. It consists of 13 units, with a price per unit of $161,538.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Square Footage: 9,920
- Price per Square Foot: $212
- Number of Units: 13
- Price per Unit: $161,538
The seller of the property was Sharon Sawak and the buyer was Sean Berok. The deal was facilitated by brokers Peter Von Der Ahe, Seth Glasser, Mike Fusco, and Adam Raddy from New York Multifamily.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93