Ronald Cohen & Harris Sonnenklar Of Besen Partners Facilitate Multifamily Sale In Bronx For $2.46M
1745 Eastburn Avenue
$2,462,500
$76/SF
Building Size
32,065 SF
Asset Type
MultiFamily
Closing
Aug 11, 2025
AI
The property asset involved in this transaction is a multifamily building located at 1745 Eastburn Avenue in the Bronx. The sale was finalized for a total amount of $2,462,500. The asset consists of 38 units with a total square footage of 32,065, resulting in a price per unit of $64,802 and a price per square foot of $76.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,462,500
- Address: 1745 Eastburn Avenue
- Market: Bronx
- Units: 38
- Square Footage: 32,065
- Price per Unit: $64,802
- Price per Square Foot: $76
The key individuals involved in this transaction are Ronald Cohen and Harris Sonnenklar, who represented the brokerage firm Besen Partners in the 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
6.44%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93