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273 East 239th Street, The ...

Updated Dec 20, 2023

Laura O'Shea Acquires Woodlawn Heights Multifamily For $8M
SOLDMultiFamily

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.

On the Map

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$8,000,000

$151/SF

MultiFamily

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Players

Laura O’Shea

Buyer

$12.1M

vol

2 deals

Buyer
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $151 per square foot on a published $8M for 52,652 square feet (2022).

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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

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