Craig Nassi Purchases Multifamily Property At 2312 Beaumont Avenue Bronx For $3M
SOLD
$3,000,000
New York
See Similar DealsMultiFamily8,000 SF
Sold 04/07/2025
SOLD
Craig Nassi Purchases Multifamily Property At 2312 Beaumont Avenue Bronx For $3M
2312 Beaumont Avenue
See Similar DealsMultiFamily8,000 SF
Sold 04/07/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$375
Total Square Footage:8,000 SF
Transaction Type:Sale
The multifamily asset located at 2312 Beaumont Avenue in the Bronx has been officially sold. The sale price of the property was $3,000,000. The total square footage of the asset is 8,000, resulting in a price per square foot of $375.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 2312 Beaumont Avenue
- Market: Bronx
- Square Footage: 8,000
- Price per Square Foot: $375
- Buyer: Craig Nassi
- Seller: Celeste Pelaez
The transaction was facilitated by Craig Nassi, who acted as the buyer in the deal, purchasing the property from seller Celeste Pelaez.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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