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1924 Hunt Avenue, Bronx, NY...

Alivia Islam Acquires Multifamily Property In Morris Park, Bronx For $575,000
SOLDMultiFamily

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.

Players

Joshua Brown

Pushing Forward Development

Broker

$15.2M

vol

14 deals

Broker

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