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1607 Taylor Avenue, East Br...

Updated Dec 20, 2023

Jordan Cohen & Don Bichoupan Acquire Multifamily Property In Van Nest, Bronx For $625K
SOLDMultiFamily

Jordan Cohen & Don Bichoupan Acquire Multifamily Property In Van Nest, Bronx For $625K

1607 Taylor Avenue, East Bronx, Bronx, NY, USA

$625,000

$225/SF

Building Size

2,775 SF

Asset Type

MultiFamily

Closing

Feb 16, 2021

About this deal

AI

A multifamily property located at 1607 Taylor Avenue in Van Nest, Bronx has been sold in a recent transaction. The property, with a total square footage of 2,775, was sold for a price of $625,000. The price per square foot for this transaction was $225. This multifamily property consists of 3 units, with a price per unit of approximately $208,333.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $625,000
  • Address: 1607 Taylor Avenue, Van Nest, Bronx
  • Square Footage: 2,775
  • Price per Square Foot: $225
  • Units: 3
  • Price per Unit: $208,333

The buyers of this property are Jordan Cohen and Don Bichoupan, representing Baker Capital Group. They can be contacted directly for more deals. Jordan Cohen can be reached at (917) 983-9145 or via email at [email protected]. Don Bichoupan can also be contacted via email at [email protected].

Players

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $225 per square foot on a published $625K for 2,775 square feet (2021).

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

25.38%

Cash-on-Cash

-7.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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