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
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