Updated Dec 20, 2023
Laura O'Shea Acquires Woodlawn Heights Multifamily For $8M
273 East 239th Street, The Bronx, New York 10470, United States
$8,000,000
$151/SF
Building Size
52,652 SF
Asset Type
MultiFamily
Closing
May 5, 2022
About this deal
AI
The multifamily property located at 273 East 239th Street in Woodlawn Heights has been sold for $8,000,000. The transaction took place on 05/06/2022. The property consists of 49 units, resulting in a per unit price of $163,265. The total square footage of the property is 52,652, with a price per square foot of $151.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,000,000
- Units: 49
- Price Per Unit: $163,265
- Total Square Footage: 52,652
- Price Per Square Foot: $151
- Address: 273 East 239th Street
- Market: Woodlawn Heights
Laura O’Shea acquired the property from Kathleen Sullivan in this 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93