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1161 Elder Avenue

Hazir Loshaj Purchases MultiFamily Asset At 1161 Elder Avenue Bronx For $4.05M
SOLDMultiFamily

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

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.

Players

Maurice Suede

Newmark

Broker

$929.6M

vol

57 deals

Broker

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