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Atlas Realty Group Partners LLC Sells Multifamily Property In Belmont For $4.15M

Property Image
SOLD
$4,150,000
Yosef Katz
Shlomo Antebi
+ 2

New York

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MultiFamily26,217 SF
Sold 05/24/2022
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Property Image
SOLD

Atlas Realty Group Partners LLC Sells Multifamily Property In Belmont For $4.15M

2144 Prospect Avenue, The Bronx, New York 10457, United States

See Similar Deals
MultiFamily26,217 SF
Sold 05/24/2022
Yosef Katz
Shlomo Antebi
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$158
Total Square Footage:26,217 SF
Transaction Type:Sale

The property involved in the transaction is a multifamily asset located at 2144 Prospect Ave. in the Belmont market. The sale price for this property was $4,150,000. The asset consists of 31 units, with a price per unit of $133,870. It encompasses a total square footage of 26,260, resulting in a price per square foot of $158.

Summary of transaction details:

The deal was executed with the involvement of several brokers representing the seller, including Yosef Katz, Erik Yankelovich, Shlomo Antebi, Sam Schwartz, Bobby Hedaya, and Natan Safdieh from Atlas Realty Group Partners LLC. Their collective expertise and representation were pivotal in facilitating this transaction.

Players

Natan Safdieh
22 deals$113.5M volume
BROKER

Erik Yankelovich
Atlas Realty Group
127 deals$1B volume
BROKER

Yosef Katz
Atlas Realty Group
133 deals$1.1B volume
BROKER

Shlomo Antebi
Atlas Realty Group
138 deals$1B volume
BROKER

Bobby Hedaya
Atlas Realty Group
4 deals$16.2M volume
BROKER

Details

SOLD
IMAGE: Shlomo Antebi, Yosef Katz, Erik Yankelovich, Sam Schwartz, Natan Safdieh & Bobby Hedaya DATE: 05/25/2022 ADDRESS: 2144 Prospect Ave. MARKET: Belmont ASSET TYPE: Multifamily SELLER: Javier Del Hoyo BROKERS: Yosef Katz (@Katz.Yosef), Erik Yankelovich (@ErikY79), Shlomo Antebi, Sam Schwartz (@SamSchwartz33), Bobby Hedaya (@Bobby_Hedaya) & Natan Safdieh - Atlas Realty Group Partners LLC (@ARG_NYC) SALE PRICE: $4,150,000 UNITS: 31 ~ PPU: $133,870 SF: 26,260 ~ PPSF: $158

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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