Updated Dec 21, 2023
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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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