Private Investment Company Sells Multifamily Property In Bronx For $7.7M With CBRE's Elli Klapper, Charles Berger, Jay Gelbtuch As Seller's Reps
SOLD
New York
See Similar DealsMultiFamily9,975 SF
Sold 11/09/2017
SOLD
Private Investment Company Sells Multifamily Property In Bronx For $7.7M With CBRE's Elli Klapper, Charles Berger, Jay Gelbtuch As Seller's Reps
1654 Monroe Ave, The Bronx, NY 10457, USA
See Similar DealsMultiFamily9,975 SF
Sold 11/09/2017
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:9,975 SF
Transaction Type:Sale
A multifamily property located at 1654 Monroe Avenue in New York's Bronx market has been sold in a closed transaction. The property consists of 50 units with a price of $7,700,000, resulting in a per unit price of approximately $154,000.
Summary of transaction details
- Property Type: Multifamily Property
- Transaction Amount: $7,700,000
- Units: 50
- Price Per Unit: $154,000
- Seller: Private Investment Company
- Buyer: Undisclosed buyer
CBRE’s Elli Klapper, Charles Berger, and Jay Gelbtuch represented the seller as the broker in this transaction.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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