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
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