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2372 Creston Avenue

Mark Schwartz Acquires Bronx Multifamily At 2372 Creston Avenue For $4.8M With Haley Hasho As The Broker
SOLDMultiFamily

Mark Schwartz Acquires Bronx Multifamily At 2372 Creston Avenue For $4.8M With Haley Hasho As The Broker

2372 Creston Avenue

$4,800,000

$102/SF

Building Size

46,650 SF

Asset Type

MultiFamily

Closing

Sep 28, 2025

AI

The property asset involved in this transaction is a MultiFamily building located at 2372 Creston Avenue in the Bronx. The sale price of the property was $4,800,000. It consists of 49 units and has a total square footage of 46,650, resulting in a price per unit of $97,959 and a price per square foot of $102.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,800,000
  • Units: 49
  • Square Footage: 46,650
  • Price Per Unit: $97,959
  • Price Per Square Foot: $102
  • Buyer: Mark Schwartz
  • Seller: Bela Danciger
  • Broker: Haley Hasho - Exodus Capital

This transaction was structured as a joint venture agreement, highlighting the collaborative efforts between the involved parties in this deal.

Players

Haley Hasho

Exodus Capital

Broker

$378.2M

vol

47 deals

Broker

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93