Mike Delafrazz Acquires Bronx SFR From Seller Elsa Jimenez For $440K
283 East 163rd Street, The Bronx, New York 10451, United States
$440,000
$220/SF
Building Size
1,992 SF
Asset Type
MultiFamily
Closing
Jan 12, 2022
AI
A single-family home located at 283 E 163rd St in Bronx, NY has been sold for $440,000. The property spans 1,992 square feet, resulting in a price per square foot of $221. The transaction took place on 01/13/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $440,000
- Address: 283 E 163rd St, Bronx, NY
- Market: Bronx, NY
Mike Delafrazz purchased the property from Elsa Jimenez. The deal was facilitated by Bension Abramov from Living Property Group and Andrew Fernandez.
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
36.05%
Cash-on-Cash
-10.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93