Updated Feb 14, 2025
Jonathan Wiener Acquires Multi Family Property In Kingsbridge Heights For $15M
147 East 230th Street, The Bronx, New York 10466, United States
$15,000,000
$223/SF
Building Size
66,984 SF
Asset Type
MultiFamily
Closing
Nov 16, 2021
About this deal
AI
The multi-family property located at 147 West 230 Street in Kingsbridge Heights - Jerome Park, Bronx has been sold for a price of $15,000,000. The property has a building square footage of 35,240, which translates to a price per square foot of $426. The total lot size is 14,502 square feet with dimensions of 139.75 ft x 110.5 ft. The property falls under zoning regulations of R6 and C1-3, with a Floor-Area Ratio (FAR) of 4.62. The tax class for the property is 2. The previous sale of the property was recorded on June 27, 1997, at a price of $0.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $15,000,000
- Market: Kingsbridge Heights - Jerome Park, Bronx
- Zoning: R6, C1-3
- Building Square Feet: 35,240
- Price per Square Foot: $426
- Lot Size: 14,502 sq ft
- Lot Dimension: 139.75 ft x 110.5 ft
- Tax Class: 2
- Last Sale Price: $0 (6/27/1997)
- Floor-Area Ratio (FAR): 4.62
The buyer in this transaction is Jonathan Wiener, while the seller is Gabriel Klein.
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93