Ariel Property Advisors Arranges $2.65M Sale Of 36-Unit Multifamily In Bedford Park Bronx
161 East 206th Street
$2,650,000
$82/SF
Building Size
32,249 SF
Asset Type
MultiFamily
Closing
Jul 23, 2026
AI
The property sold is a multi-family asset located at 161 East 206th Street, in the Bedford Park neighborhood of Bronx. The transaction was completed on July 23, 2026, with a sale price of $2,650,000. The building comprises 36 units, covering a total square footage of 32,249, which equates to a price per unit of $73,611 and a price per square foot of $82.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,650,000
- Units: 36
- Price per Unit: $73,611
- Square Footage: 32,249
- Price per Square Foot: $82
- Address: 161 East 206th Street
- Market: Bedford Park, Bronx
The brokers involved in this transaction were Sam Schertz, Daniel Mahfar, and Anthony Priest from Ariel Property Advisors. They facilitated the sale and also secured the acquisition financing for this deal.
Players
Bronx 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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93