Updated Dec 21, 2023
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
About this deal
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.
On the Map
$2,325,000
$155/SF
MultiFamily
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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