Updated Nov 20, 2023
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
About this deal
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.
On the Map
$833,000
$213/SF
MultiFamily
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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