Toyin Oloyede Acquires Bronx Multifamily Property From Prospect Acquisitions For $765,000
1338 Chisholm Street
$765,000
$304/SF
Building Size
2,512 SF
Asset Type
MultiFamily
Closing
Nov 12, 2025
AI
The property asset involved in this transaction is a multifamily building located at 1338 Chisholm Street in the Bronx. The sale price of the property was $765,000, and it has a total square footage of 2,512, resulting in a price per square foot of $304.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $765,000
- Address: 1338 Chisholm Street
- Market: Bronx
- Square Footage: 2,512
- Price per Square Foot: $304
- Buyer: Toyin Oloyede
- Seller: Prospect Acquisitions
- Brokers: Avraham Birnbaum & Liron Iskhakbayev - Twelve Stones Realty
Avraham Birnbaum and Liron Iskhakbayev represented the transaction on behalf of the brokerage firm Twelve Stones Realty. Following the sale, there is a note from the brokers indicating their commitment to achieving strong results for future sales or purchases.
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
20.74%
Cash-on-Cash
-5.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93