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147 East 230th Street, The ...

Updated Feb 14, 2025

Jonathan Wiener Acquires Multi Family Property In Kingsbridge Heights For $15M
SOLDMultiFamily

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.

Players

Jonathan Wiener

Chestnut Holdings

Buyer

$165.6M

vol

24 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $223 per square foot on a published $15M for 66,984 square feet (2021).

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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

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