Liran Azizian Acquires Multifamily Property In Fox Hurst, Bronx For $650K
SOLD
$650,000
New York
See Similar DealsMultiFamily3,108 SF
Sold 08/01/2023
SOLD
Liran Azizian Acquires Multifamily Property In Fox Hurst, Bronx For $650K
1173 Reverend James a. Polite Avenue
See Similar DealsMultiFamily3,108 SF
Sold 08/01/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$209
Total Square Footage:3,108 SF
Transaction Type:Sale
The multifamily property located at 1173 Rev James A Polite Ave in Fox Hurst, Bronx has been sold for a price of $650,000. The property consists of 3 units, with a price per unit of $216,667. It spans across 3,108 square feet, resulting in a price per square foot of $209.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $650,000
- Units: 3
- Price per Unit: $216,667
- Total Square Footage: 3,108
- Price per Square Foot: $209
The buyer of the property is Liran Azizian, while the seller is Earl James.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$34,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,309.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,081.33
Annual Debt Service$36,975.98
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