Updated Dec 19, 2023
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
About this deal
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.
On the Map
$575,000
$343/SF
MultiFamily
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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