Seth Glasser & Michael Fusco Of Marcus & Millichap Sell Bronx Multifamily For $2.5M
1806 Vyse Avenue
$2,500,000
$68/SF
Building Size
36,300 SF
Asset Type
MultiFamily
Closing
Mar 24, 2026
AI
The property asset involved in the transaction is a MultiFamily asset located at 1806 Vyse Avenue in the Bronx. The sale price of the property was $2,500,000, with a total square footage of 36,300, resulting in a price per square foot of $68.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,500,000
- Address: 1806 Vyse Avenue
- Market: Bronx
- Square Footage: 36,300
- Price per Square Foot: $68
- Brokers: Seth Glasser & Michael Fusco - Marcus & Millichap
Seth Glasser and Michael Fusco, representing Marcus & Millichap, played a key role in facilitating the transaction of this MultiFamily property, ensuring the successful transfer of ownership on March 25, 2026.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93