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1451 Taylor Avenue, Bronx, ...

Howard Schneider Sells Multifamily Property On Taylor Ave In Bronx For $7.3M With Buyer's Rep Shlomo Antebi & Atlas Realty Group Partners LLC
SOLDMultiFamily

Howard Schneider Sells Multifamily Property On Taylor Ave In Bronx For $7.3M With Buyer's Rep Shlomo Antebi & Atlas Realty Group Partners LLC

1451 Taylor Avenue, Bronx, NY 10460

$7,300,000

$150/SF

Building Size

48,370 SF

Asset Type

MultiFamily

Closing

Jan 21, 2022

AI

The multifamily property at 1451 & 1467 Taylor Ave. in the Bronx has been sold for a price of $7,300,000. The property consists of 60 units, with an average price per unit of $121,666. The total square footage of the property is 48,370, resulting in a price per square foot of $150. The sale was completed on January 21, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,300,000
  • Units: 60
  • Price per Unit: $121,666
  • Square Footage: 48,370
  • Price per Square Foot: $150

Howard Schneider served as the seller of the property. The deal was facilitated by brokers Shlomo Antebi, Yosef Katz, Erik Yankelovich, and Nate Pilchick from Atlas Realty Group Partners LLC.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

128 deals

Broker

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

2.17%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93