facebook
Traded Co logo
Submit

Sol Dayan Acquires Multi Family Property In Bronx, NY For $4.1M

Property Image
SOLD
$4,100,000
Seth Glasser
Michael (Mike) Fusco
+ 2

New York

See Similar Deals
MultiFamily22,050 SF
Sold 07/26/2018
the dealplayerscompscontact
Property Image
SOLD

Sol Dayan Acquires Multi Family Property In Bronx, NY For $4.1M

1151 E 165th St, The Bronx, NY 10459, USA

See Similar Deals
MultiFamily22,050 SF
Sold 07/26/2018
Seth Glasser
Michael (Mike) Fusco
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$185
Total Square Footage:22,050 SF
Transaction Type:Sale

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

Michael (Mike) Fusco
88 deals$576.1M volume(973) 865-6303
BROKER

Adam Radi
5 deals$25M volume(914) 246-8825
BROKER

Peter Von Der Ahe
Marcus & Millichap
110 deals$1.4B volume
BROKER

Seth Glasser
Marcus & Millichap
125 deals$1.1B volume
BROKER

Sol Dayan
5 deals$67M volume
BUYER

Details

SOLD
IMAGE: Mike Fusco and Sol Dayan (@SolDayon) DATE: 07/26/2018 ADDRESS: 1151-1155 East 165th Street MARKET: Bronx, NY CITY: New York ASSET TYPE: Multi Family PRICE: $4,100,000 SF: 22,050 PPSF: 186 UNITS: 22 SELLER: Juan Perez BUYER: Sol Dayan BROKERS: New York Multifamily (buyer/seller) Mike Fusco, Seth Glasser, Adam Radi Peter Vonderahe

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$218,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10