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1260 1276 Clay Avenue

Tony Lachmer Acquires Multifamily Asset At 1260-1276 Clay Avenue Bronx For $11M
SOLDMultiFamily

Tony Lachmer Acquires Multifamily Asset At 1260-1276 Clay Avenue Bronx For $11M

1260 1276 Clay Avenue

$11,000,000

$220/SF

Building Size

49,918 SF

Asset Type

MultiFamily

Closing

May 20, 2025

AI

The property asset involved in the transaction is a multifamily building located at 1260-1276 Clay Avenue in the Bronx. The sale price of the property was $11,000,000, with a total square footage of 49,918 and a price per square foot of $220.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,000,000
  • Address: 1260-1276 Clay Avenue
  • Market: Bronx
  • Square Footage: 49,918
  • Price per Square Foot: $220
  • Buyer: Tony Lachmer
  • Seller: David Friedman
  • Brokers: Michael Nukho & Lukasz Przybylek - NuRealty Advisors

In this transaction, Tony Lachmer acted as the buyer, while David Friedman was the seller. The deal was facilitated by brokers Michael Nukho and Lukasz Przybylek, who represented the interests of their clients throughout the process.

Players

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 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

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93