Updated Jul 16, 2026
The Schwartz Family Acquires Multifamily Property On East Kingsbridge Road In Fordham, Bronx
255 East Kingsbridge Road, Bronx, NY 10458
$2,100,000
$157/SF
Building Size
13,320 SF
Asset Type
MultiFamily
Closing
Dec 28, 2021
About this deal
AI
The multifamily property located at 255 East Kingsbridge Road in Fordham, Bronx has been sold for a total of $2,100,000. The transaction took place on December 28, 2021, with the buyer being The Schwartz Family and the seller being The Power Family. The property consists of 11 units, with a price per unit of $190,909. The total square footage of the property is 13,320, resulting in a price per square foot of $157.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 255 East Kingsbridge Road
- Market: Fordham, Bronx
- Buyer: The Schwartz Family
- Seller: The Power Family
- Brokers: John Martisch & Ryan Perkoski - RPR Ventures
- Units: 11
- Price Per Unit: $190,909
- Square Footage: 13,320
- Price Per Square Foot: $157
The sale of this multifamily property was facilitated by John Martisch and Ryan Perkoski from RPR Ventures, who represented the buyer and seller in the deal.
On the Map
$2,100,000
$157/SF
MultiFamily
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New York 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93