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Julio Garcia Purchases Multifamily Property From Ganesh Budraj In Bronx For $1.28M

Property Image
SOLD
$1,280,000

New York

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MultiFamily7,713 SF
Sold 10/17/2024
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Property Image
SOLD

Julio Garcia Purchases Multifamily Property From Ganesh Budraj In Bronx For $1.28M

1240 Leland Avenue

See Similar Deals
MultiFamily7,713 SF
Sold 10/17/2024
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$166
Total Square Footage:7,713 SF
Transaction Type:Sale

The property is a multifamily asset located at 1240 Leland Avenue in the Bronx. The sale occurred at a price of $1,280,000, comprising 3 units. The total square footage of the property is 7,713, which results in a price per square foot of $165, and a price per unit of $426,666.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,280,000
  • Address: 1240 Leland Avenue
  • Market: Bronx
  • Units: 3
  • Square Footage: 7,713
  • Price per Unit: $426,666
  • Price per Square Foot: $165
  • Buyer: Julio Garcia
  • Seller: Ganesh Budraj
  • Brokers: Christopher Amir Baksh (Amirbaksh95) & Jilliana Pichardo - Your Home Sold Guaranteed Realty

The transaction was facilitated by brokers Christopher Amir Baksh and Jilliana Pichardo, representing the seller, Ganesh Budraj, in the deal. Buyer Julio Garcia engaged in the transaction purchasing the multifamily property.

Players

Christopher Amir Baksh
3 deals$3M volume(646) 241-2734
BROKER

Jilliana Pichardo
Your Home Sold Guaranteed Realty
1 deal$1.3M volume(914) 419-8696
BROKER

Details

SOLD
IMAGE: Christopher Amir Baksh & Jilliana Pichardo DATE: 10/17/2024 ADDRESS: 1240 Leland Avenue MARKET: Bronx ASSET TYPE: Multifamily BUYER: Julio Garcia SELLER: Ganesh Budraj BROKERS: Christopher Amir Baksh (Amirbaksh95) & Jilliana Pichardo (@Jilli.ana__) - Your Home Sold Guaranteed Realty (@BesmatchRealEstate) SALE PRICE: $1,280,000 UNITS: 3 ~ PPU: $426,666 SF: 7,713 ~ PPSF: $165

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,547.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,067.85
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