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Hajdarmataj Family Purchases Multifamily Property At 2384 Webster Avenue For $1.15M

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SOLD
$1,150,000

New York

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MultiFamily8,580 SF
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SOLD

Hajdarmataj Family Purchases Multifamily Property At 2384 Webster Avenue For $1.15M

2384 Webster Avenue

See Similar Deals
MultiFamily8,580 SF
Sold
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$134
Total Square Footage:8,580 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 2384 Webster Avenue in the Belmont neighborhood of the Bronx. It features 8 units and has a total square footage of 8,580. The sale price for this property was $1,150,000, resulting in a price per unit of $143,750 and a price per square foot of $134.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Units: 8
  • Square Feet: 8,580
  • Price Per Unit: $143,750
  • Price Per Square Foot: $134
  • Buyer: Hajdarmataj Family
  • Seller: Ruth Lora
  • Broker: Jared Friedman, David Roman & Brandon Levy - Investment Property Realty Group (IPRG)

This transaction involved key individuals and representatives, with the brokers Jared Friedman, David Roman, and Brandon Levy representing the interests of the buyer and seller. This collaboration facilitated the successful closure of the deal, marking an important step for the Hajdarmataj Family in expanding their investment portfolio in the Bronx market.

Players

Jared Friedman
24 deals$32.5M volume(646) 933-2615
BROKER

David Roman
Investment Property Realty Group (IPRG)
11 deals$15.9M volume(718) 360-9609
BROKER

Brandon Levy
Valden capital
6 deals$8.9M volume(631) 943-0494
BROKER

Details

SOLD
IMAGE: Jared Friedman DATE: 11/01/2024 ADDRESS: 2384 Webster Avenue MARKET: Belmont, Bronx ASSET TYPE: Multifamily BUYER: Hajdarmataj Family SELLER: Ruth Lora BROKER: Jared Friedman (@Jared_F11), David Roman & Brandon Levy - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $1,150,000 UNITS: 8 ~ PPU: $143,750 SF: 8,580 ~ PPSF: $134

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$61,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04