Nedzad Kolenovic Purchases Bronx Multifamily From Beryl Shaw For Three Million Two Hundred Thousand
227 East 203rd Street
$3,200,000
$63/SF
Building Size
50,762 SF
Asset Type
MultiFamily
Closing
Jul 30, 2025
AI
The property is a multifamily asset at 227 East 203rd Street, Bronx. It comprises 44 units across 50,762 square feet. The sale price was $3,200,000, with a price per unit of $72,727 and $63 per square foot (PPSF). The property resides in the Bronx market.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Address: 227 East 203rd Street
- Market: Bronx
- Asset Type: Multifamily
- Date: 7/31/2025
- Buyer: Nedzad Kolenovic
- Seller: Beryl Shaw
- Brokers: Zachary Fuchs - GFI Realty Services
- Units: 44
- Price per Unit: $72,727
- SF: 50,762
- PPSF: $63
The deal's key individuals and companies involved include buyer Nedzad Kolenovic, seller Beryl Shaw, and brokers associated with Zachary Fuchs of GFI Realty Services. Transaction imagery credits Zachary Fuchs and Michael Weiser on the project materials.
Players
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93