Updated Mar 3, 2025
Liran Azizian Acquires Multifamily Property In Fox Hurst, Bronx For $650K
1173 Reverend James a. Polite Avenue
$650,000
$209/SF
Building Size
3,108 SF
Asset Type
MultiFamily
Closing
Aug 1, 2023
About this deal
AI
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.
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
24.40%
Cash-on-Cash
-6.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93