Updated Dec 21, 2023
Michael Chookasezian Sells Bronx Multifamily For $3.2M With Ben Khakshoor & Aaron Jungreis As Brokers
2110 Arthur Avenue, Bronx, NY 10457, USA
$3,225,000
$159/SF
Building Size
20,250 SF
Asset Type
MultiFamily
Closing
Nov 23, 2021
About this deal
AI
Located at 2110 Arthur Avenue in the Bronx, this multifamily property was recently sold in a closed transaction. The sale took place on November 23, 2021, with a sale price of $3,225,000. The property consists of 27 units, making the price per unit approximately $119,444.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $3,225,000
- Units: 27
- Price Per Unit: $119,444
Michael Chookasezian was the seller of this property. The deal was facilitated by Ben Khakshoor and Aaron Jungreis from the Rosewood Realty Group. These brokers played a crucial role in representing the seller and ensuring a successful transaction.
Players
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
4.92%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93