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1338 Chisholm Street

Toyin Oloyede Acquires Bronx Multifamily Property From Prospect Acquisitions For $765,000
SOLDMultiFamily

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

Avraham Birnbaum

Twelve Stones Realty

Broker

$44.7M

vol

24 deals

Broker
Twelve Stones Realty
Twelve Stones RealtyBrokerage

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