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1442 Taylor Avenue, The Bro...

Updated Dec 21, 2023

Elliot Ambalo & Joseph Ambalo Acquire Multifamily Property On Taylor Avenue In Bronx For $310,913
SOLDMultiFamily

Elliot Ambalo & Joseph Ambalo Acquire Multifamily Property On Taylor Avenue In Bronx For $310,913

1442 Taylor Avenue, The Bronx, NY, USA

$310,913

$97/SF

Building Size

3,206 SF

Asset Type

MultiFamily

Closing

Aug 4, 2019

About this deal

AI

The multifamily property located at 1442 Taylor Avenue in Bronx was sold on August 5, 2019. The property has a building square footage (BSF) of 5,771 and a price per BSF (PPBSF) of $53. The total square footage (SF) of the property is 3,206 with a price per square foot (PPSF) of $96. It consists of 3 units, with a price per unit (PPU) of $103,637. The transaction was completed at a price of $310,913. The property is classified as tax class 1.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $310,913
  • BSF: 5,771
  • PPBSF: $53
  • SF: 3,206
  • PPSF: $96
  • Units: 3
  • PPU: $103,637

The buyers of the property are Elliot Ambalo and Joseph Ambalo, while the seller is Ella Louise Allen. Elliot Ambalo can be contacted directly at [email protected]. It is worth mentioning that the Ambalo brothers are actively searching for multifamily properties across all five boroughs. For any potential deals, interested parties can reach out to Elliot Ambalo.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $97 per square foot on a published $310.9K for 3,206 square feet (2019).

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

51.02%

Cash-on-Cash

-14.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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