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2801 Valentine Avenue

Christian Dedvukaj Oversees $1.85M Multifamily Sale In Fordham, Bronx
SOLDMultiFamily

Christian Dedvukaj Oversees $1.85M Multifamily Sale In Fordham, Bronx

2801 Valentine Avenue

$1,845,000

$73/SF

Building Size

25,000 SF

Asset Type

MultiFamily

Closing

Jun 26, 2024

AI

The multifamily property located at 2801 Valentine Avenue in Fordham, Bronx was sold by the Catto Family. The property consists of 16 units with a total square footage of 25,000 and was sold for $1,845,000, translating to a price per unit of $115,313 and a price per square foot of $74.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,845,000
  • Units: 16
  • Price Per Unit: $115,313
  • Square Footage: 25,000
  • Price Per Square Foot: $74
  • Address: 2801 Valentine Avenue
  • Market: Fordham, Bronx

Christian Dedvukaj of Princeton Realty Group acted as the broker representing the sellers, the Catto Family, in this transaction.

Players

Christian Dedvukaj

Princeton Realty Group

Broker

$23.9M

vol

8 deals

Broker

Bronx 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

8.60%

Cash-on-Cash

-2.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93