Zeqe Mehmetaj Acquires MultiFamily Property In Bronx For $7.23M
2709 Heath Avenue, Bronx, NY 10463
$7,230,000
$184/SF
Building Size
39,150 SF
Asset Type
MultiFamily
Closing
Mar 10, 2019
AI
The multifamily property located at 2709 Heath Ave in the Bronx has been sold for a total price of $7,230,000. The property spans across 39,150 square feet, resulting in a price per square foot of $184. The sale was completed on March 11, 2019.
Summary of transaction details
- Property Type: MUltifamily
- Transaction Amount: $7,230,000
- Square Footage: 39,150
- Price per Square Foot: $184
- Address: 2709 Heath Ave, Bronx
- Seller: Emerald Group - Isaac Kassirer
- Buyer: Zeqe Mehmetaj
- Broker: StevenVegh
The seller, Isaac Kassirer, represented by the Emerald Group, successfully completed the sale of the property to Zeqe Mehmetaj. The buyer was assisted by StevenVegh, the broker involved in the transaction.
Players
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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93