Updated Oct 29, 2024
Prana Investments Acquires 37-unit Multi Family Property In Bronx For $6.35M
2547 Aqueduct Ave, The Bronx, NY 10468, USA
Building Size
27,250 SF
Asset Type
MultiFamily
Closing
Nov 5, 2017
About this deal
AI
The multi-family property located at 2547 Aqueduct Avenue in the Bronx, New York has been sold for $6,350,000. The property spans over 27,250 square feet and consists of 37 units.
Summary of transaction details
- Property Type: Multi family
- Transaction Amount: $6,350,000
Appula Management Corp served as the seller in this transaction, while Prana Investments was the buyer.
Traded’s record for 2547 Aqueduct Ave, The Bronx, NY 10468, USA in New York, New York covers a multifamily sale from 2017. Reported inventory is 27,250 square feet across 37 units, or about 0 per square foot. This page is the New York, New York file for the 2547 Aqueduct Ave, The Bronx, NY 10468, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 2547 Aqueduct Ave, The Bronx, NY 10468, USA around 2017. Cite this Prana Investments Acquires 37-unit Multi Family Property In Bronx For $6.35M sale when underwriting similar multifamily product around New York, New York.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93