Updated Dec 20, 2023
Lajqi Family Acquires Multifamily Property In Westchester Square For $3M
2450 Fuller St, The Bronx, NY 10461, USA
$3,000,000
$219/SF
Building Size
13,680 SF
Asset Type
MultiFamily
Closing
Sep 16, 2019
About this deal
AI
The multifamily property located at 2450 Fuller Street in Westchester Square has been sold in a closed transaction. The property spans 13,680 square feet and consists of 16 units. The seller, Luciano Sbuttoni, listed the property with an asking price of $3,200,000. The buyer, Lajqi Family, purchased the property for $3,000,000, resulting in a price per square foot of $219 and a price per unit of $187,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000 (Asking Price), $3,000,000 (Sale Price)
- Size: 13,680 square feet
- Market: Westchester Square
The transaction was facilitated by brokers Shlomo Antebi and Yosef Katz. They represented the seller, Luciano Sbuttoni, in the deal. The sale of the multifamily property represents a significant transaction in the Westchester Square market.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Yosef Katz to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93