Updated Dec 21, 2023
Sal D'Avola Acquires Mount Eden Multifamily In Bronx For $5.5M
1410 Grand Concourse, Bronx, NY, USA
$5,455,901
$179/SF
Building Size
30,423 SF
Asset Type
MultiFamily
Closing
Jun 22, 2021
About this deal
AI
1410 Grand Concourse in Mount Eden, Bronx has been sold in a recent multifamily property transaction. The property is zoned as R8, C and offers a total building square footage (BSF) of 51,158, with a price per square foot (PPSF) of $106. The total lot size is 8,498 square feet, with dimensions of 80 ft x 105 ft. The transaction took place on June 23, 2021, with Sal D'Avola as the buyer and Joseph Friedman as the seller. The sale price for this property was $5,455,901, and the price per square foot (PPSF) was $179. The transaction also involved a FAR (Floor Area Ratio) of 3.58 and a tax class of 2. An alteration permit of type 2 was issued on January 17, 1995.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,455,901
- Market: Mount Eden, Bronx
- Buyer: Sal D'Avola
- Seller: Joseph Friedman
In this multifamily property transaction, Sal D'Avola represented the buyer's side. No additional information about the deal's key individuals and companies was provided.
On the Map
$5,455,901
$179/SF
MultiFamily
View full map
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Joseph E. Friedman to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93