Updated Mar 21, 2025
Hazir Loshaj Purchases MultiFamily Asset At 1161 Elder Avenue Bronx For $4.05M
1161 Elder Avenue
$4,050,000
$111/SF
Building Size
36,500 SF
Asset Type
MultiFamily
Closing
Mar 19, 2025
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 1161 Elder Avenue in the Soundview market of Bronx. The transaction was finalized for a total price of $4,050,000.00, with a total square footage of 36,500.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,050,000.00
- Address: 1161 Elder Avenue
- Market: Soundview, Bronx
- Square Footage: 36,500.0
- Buyer: Hazir Loshaj
- Seller: Hertzl Moezinia
This transaction was facilitated with key individuals including buyer Hazir Loshaj and seller Hertzl Moezinia, who played significant roles in the completion of the deal. Each party was represented appropriately during the transaction process.
On the Map
$4,050,000
$111/SF
MultiFamily
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Players
Bronx 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
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93