Updated Dec 4, 2024
Hertzl Moezinia Sells Multifamily Property In East Tremont, Bronx For $890,000
1874 Bathgate Avenue
$890,000
$171/SF
Building Size
5,184 SF
Asset Type
MultiFamily
Closing
Sep 21, 2023
About this deal
AI
A multifamily property located at 1874 Bathgate Avenue, East Tremont, Bronx, has been sold for $890,000. The property consists of 7 units with a price per unit of $127,143. The total square footage of the property is 5,184, with a price per square foot of $172.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $890,000
- Address: 1874 Bathgate Avenue
- Market: East Tremont, Bronx
- Units: 7
- Price per Unit: $127,143
- Square Footage: 5,184
- Price per Square Foot: $172
The sale of this property was facilitated by the brokers Seth Glasser, Michael Fusco, and Benny Katz from Marcus & Millichap. The deal was an all cash transaction with a 30-day close.
Players
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Benny Katz to view all their deals.
Browse Bronx multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.82%
Cash-on-Cash
-5.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93