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Nedzad Kolenovic Purchases Bronx Multifamily From Beryl Shaw For Three Million Two Hundred Thousand

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SOLD
$3,200,000

New York

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MultiFamily50,762 SF
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SOLD

Nedzad Kolenovic Purchases Bronx Multifamily From Beryl Shaw For Three Million Two Hundred Thousand

227 East 203rd Street

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MultiFamily50,762 SF
Sold
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$63
Total Square Footage:50,762 SF
Transaction Type:Sale

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

Zachary Fuchs
62 deals$322.8M volume
BROKER

Michael Weiser
GFI Realty Services
33 deals$512.7M volume
BROKER

GFI Realty Services
BROKERAGE

Details

SOLD
IMAGE: Zachary Fuchs & Michael Weiser DATE: 7/31/2025 ADDRESS: 227 East 203rd Street MARKET: Bronx ASSET TYPE: Multifamily BUYER: Nedzad Kolenovic SELLER: Beryl Shaw BROKERS: Zachary Fuchs (@ZacharyDFuchs) - GFI Realty Services (@GFIRealty) SALE PRICE: $3,200,000 UNITS: 44 ~ PPU: $72,727 SF: 50,762 ~ PPSF: $63

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59