Sol Dayan Acquires Multi Family Property In Bronx, NY For $4.1M
1151 E 165th St, The Bronx, NY 10459, USA
$4,100,000
$185/SF
Building Size
22,050 SF
Asset Type
MultiFamily
Closing
Jul 25, 2018
AI
A multi-family property located at 1151-1155 East 165th Street in Bronx, NY has recently been sold in a closed transaction. The property spans a total of 22,050 square feet and consists of 22 units. The sale price for this asset was $4,100,000, resulting in a price per square foot of $186.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $4,100,000
- Square Footage: 22,050
- Address: 1151-1155 East 165th Street, Bronx, NY
- Market: New York
The seller of the property was Juan Perez, while the buyer was Sol Dayan. The transaction was facilitated by the brokers from New York Multifamily, namely Mike Fusco, Seth Glasser, Adam Radi, and Peter Vonderahe. They represented both the buyer and the seller in this deal.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93