Harry Lin Acquires Multifamily Property In Concourse Village, Bronx For $833K
280 East 164th Street, Bronx, NY 10456, USA
$833,000
$213/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Oct 22, 2018
AI
The multifamily property located at 280 East 164th Street in Concourse Village, Bronx has been sold for a price of $833,000. The property spans across 3,900 square feet, resulting in a price per square foot of $213. The gross income generated from this property is $78,000 annually.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $833,000
- Square Footage: 3,900
- Price per Square Foot: $213
- Gross Income: $78,000
The seller of the property is Maria Tenempaguay, while the buyer is Harry Lin. Matt Zeltser of @mattz718 served as the broker involved in this transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.04%
Cash-on-Cash
-5.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93