Jacob Kempler David Blau JK Management Purchase Multifamily Asset For $8.45M In Bronx
SOLD
$8,450,000
New York
See Similar DealsMultiFamily58,212 SF
Sold
SOLD
Jacob Kempler David Blau JK Management Purchase Multifamily Asset For $8.45M In Bronx
2285 Sedgwick Avenue
See Similar DealsMultiFamily58,212 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$145
Total Square Footage:58212 SF
Transaction Type:Sale
The property asset involved in this transaction is a MultiFamily building located at 2285 Sedgwick Avenue in the Bronx. The transaction price was $8,450,000.00 for a total square footage of 58,212.0.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $8,450,000.00
- Address: 2285 Sedgwick Avenue
- Market: Bronx
- Square Footage: 58,212.0
- Buyer: Jacob Kempler/David Blau/JK Management
- Seller: Jeff Mehl
- Broker: Josh Orlander - GFI Realty Services
The deal involved Jacob Kempler, David Blau, and JK Management as the buyers acquiring the property from seller Jeff Mehl, with Josh Orlander representing GFI Realty Services as the broker for this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$450,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,021.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,057.31
Annual Debt Service$480,687.73
Is there something missing? Send suggestions