Alivia Islam Acquires Multifamily Property In Morris Park, Bronx For $575,000
1924 Hunt Avenue, Bronx, NY 10462
$575,000
$343/SF
Building Size
1,675 SF
Asset Type
MultiFamily
Closing
Jul 1, 2020
AI
A multifamily property located at 1924 Hunt Avenue in Morris Park, Bronx, was recently sold in a closed transaction. The property consists of 1,675 square feet, with a sale price of $575,000. The transaction took place on July 1, 2021, and the property was sold by Triston Francis to Alivia Islam. The market value of the property is $343 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $575,000
- Date: 07/01/2021
- Address: 1924 Hunt Avenue
- Market: Morris Park, Bronx
The deal was facilitated by Joshua Brown from Pushing Forward Realty, representing both the buyer, Alivia Islam, and the seller, Triston Francis.
New York 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
27.59%
Cash-on-Cash
-7.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93