Updated Sep 22, 2026
Bakary Family Sells Multifamily Property At 1384-1386 Clinton Avenue For $1.7M With Buyer's Rep Jared Friedman & David Roman
1384-1386 Clinton Avenue
$1,700,000
$460/SF
Building Size
3,692 SF
Asset Type
MultiFamily
Closing
Sep 1, 2026
About this deal
AI
This multifamily asset, located at 1384-1386 Clinton Avenue in the Morrisania neighborhood of the Bronx, was sold for $1,700,000. The property features 4 units, with a per-unit price of $425,000. The total square footage of the asset is 3,692, reflecting a price per square foot of $460.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 1384-1386 Clinton Avenue
- Market: Morrisania, Bronx
- Units: 4
- Price per Unit: $425,000
- Total Square Feet: 3,692
- Price per Square Foot: $460
- Seller: Bakary Family
- Buyer's Representative: Jared Friedman & David Roman - Investment Property Realty Group
This transaction involved two adjacent two-family homes, with three out of the four apartments delivered vacant.
On the Map
$1,700,000
$460/SF
MultiFamily
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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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93