Updated Dec 20, 2023
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
Loading comparables…
Deal FAQ
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