Ronald Cohen & Harris Sonnenklar Of Besen Partners Facilitate Multifamily Sale In Bronx For $2.46M
SOLD
New York
See Similar DealsMultiFamily32,065 SF
Sold 08/12/2025
SOLD
Ronald Cohen & Harris Sonnenklar Of Besen Partners Facilitate Multifamily Sale In Bronx For $2.46M
1745 Eastburn Avenue
See Similar DealsMultiFamily32,065 SF
Sold 08/12/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$76
Total Square Footage:32,065 SF
Transaction Type:Sale
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
BROKERAGE
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$131,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,748.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,673.51
Annual Debt Service$140,082.08
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