facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

283 East 163rd Street, The ...

Mike Delafrazz Acquires Bronx SFR From Seller Elsa Jimenez For $440K
SOLDMultiFamily

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

Bension Abramov

Broker

$829K

vol

2 deals

Broker

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

36.05%

Cash-on-Cash

-10.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93