Mark Vuksanaj Sells Bronx Multifamily For $2.51M With Marcus & Millichap Brokers
2802 Grand Concourse
$2,510,000
$106/SF
Building Size
23,491 SF
Asset Type
MultiFamily
Closing
Apr 23, 2024
AI
The multifamily property located at 2802 Grand Concourse in Bronx was recently sold for $2,510,000. This property consists of 22 units with a price per unit of $114,091. The total square footage of the property is 23,491, resulting in a price per square foot of $107.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,510,000
- Units: 22
- Price Per Unit: $114,091
- Square Footage: 23,491
- Price Per Square Foot: $107
- Address: 2802 Grand Concourse, Bronx
- Market: Bronx
The sale of this property was facilitated by the team at Marcus & Millichap, comprised of brokers Seth Glasser, Michael Fusco, and Benny Katz. Mark Vuksanaj acted as the seller in this transaction.
Players
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
6.32%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93