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

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SOLD
$765,000

New York

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MultiFamily2,512 SF
Sold 11/13/2025
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Property Image
SOLD

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

1338 Chisholm Street

See Similar Deals
MultiFamily2,512 SF
Sold 11/13/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$304
Total Square Footage:2,512 SF
Transaction Type:Sale

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
24 deals$44.7M volume
BROKER

Liron Iskhakbayev
Twelve Stones Realty
2 deals$1.9M volume(347) 876-9337
BROKER

Twelve Stones Realty
BROKERAGE

Details

SOLD
IMAGE: Avraham Birnbaum & Liron Iskhakbayev DATE: 11/13/2025 ADDRESS: 1338 Chisholm Street MARKET: Bronx ASSET TYPE: Multifamily BUYER: Toyin Oloyede SELLER: Prospect Acquisitions BROKERS: Avraham Birnbaum & Liron Iskhakbayev - Twelve Stones Realty (@TwelveStonesRealty) SALE PRICE: $765,000 SF: 2,512 ~ PPSF: $304 NOTE FROM BROKER: 1338 Chisholm officially SOLD with Avraham Birnbaum, Liron Iskhakbayev and the Twelve Stones Realty team. Looking for the strongest results on your next sale or purchase, reach out.

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

$40,800.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$2,717.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,626.49
Annual Debt Service$43,517.88