Sean Berokhim Acquires Multifamily Property In Bronx For $4.15M From Seller Sholom Jacobs And David Warren And Broker Roni Soleimani
SOLD
$4,150,000
New York
See Similar DealsMultiFamily19,800 SF
Sold 12/28/2018
SOLD
Sean Berokhim Acquires Multifamily Property In Bronx For $4.15M From Seller Sholom Jacobs And David Warren And Broker Roni Soleimani
2115 Mohegan Avenue, Bronx, NY 10460
See Similar DealsMultiFamily19,800 SF
Sold 12/28/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$209
Total Square Footage:19,800 SF
Transaction Type:Sale
Located at 2115 Mohegan Avenue in the Bronx, this multifamily property was recently sold in a closed transaction. The property consists of 25 units and spans a total of 19,800 square feet. The sale price for this property was $4,150,000, resulting in a price per square foot of $209.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,150,000
- Address: 2115 Mohegan Avenue
- Market: Bronx
The seller of this property was Sholom Jacobs and David Warren, represented by @Jacobs_REA. The buyer, Sean Berokhim, completed the acquisition. The broker involved in this transaction was Roni Soleimani from Capital Property Partners.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$221,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,744.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,673.12
Annual Debt Service$236,077.41
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