Miles Bronstein & Brett Rosenthal Sell Multifamily Property In North Bronx For $2.3M With Reps Seth Glasser, Mike Fusco & Benny Katz
213 West 3rd Street
$2,325,000
$155/SF
Building Size
15,000 SF
Asset Type
MultiFamily
Closing
Jun 29, 2022
AI
A multifamily property located at 213-215 West 3rd St in the North Bronx has been sold for a total price of $2,325,000. The property consists of 11 units, with a price per unit of $211,363. It spans over 15,000 square feet, making the price per square foot $155.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,325,000
- Units: 11
- Price Per Unit: $211,363
- Square Footage: 15,000
- Price Per Square Foot: $155
The sale of this property was facilitated by brokers Seth Glasser, Mike Fusco, and Benny Katz. Miles Bronstein and Brett Rosenthal were the sellers.
Players
City of Mount Vernon 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
6.82%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93