Alpha Realty Represents Seller Sam Ranani In $2M Multifamily Sale In Bronx
SOLD
$2,000,000
New York
See Similar DealsMultiFamily12 SF
Sold 06/01/2023
SOLD
Alpha Realty Represents Seller Sam Ranani In $2M Multifamily Sale In Bronx
2302 Beaumont Avenue, The Bronx, New York 10458, United States
See Similar DealsMultiFamily12 SF
Sold 06/01/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$166,666
Total Square Footage:12 SF
Transaction Type:Sale
The multifamily property located at 2302 Beaumont Avenue in the Bronx has been sold in a recent transaction for $2,000,000. The property spans 12,325 square feet, resulting in a price per square foot of $162. The sale took place on January 6, 2023.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Market: Bronx
- Seller: Sam Ranani
- Brokers: Yehuda Leser & Lev Mavashev - Alpha Realty
The sale was facilitated by Yehuda Leser and Lev Mavashev from Alpha Realty, representing the buyer and seller, respectively.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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