Lynda Blumberg Of Friedman-Roth Realty Represents Sale Of Bronx Multifamily For $4.7M
SOLD
$4,700,000
New York
See Similar DealsMultiFamily75,560 SF
Sold 02/14/2025
SOLD
Lynda Blumberg Of Friedman-Roth Realty Represents Sale Of Bronx Multifamily For $4.7M
2877 Grand Concourse
See Similar DealsMultiFamily75,560 SF
Sold 02/14/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$62
Total Square Footage:75,560 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 2877 Grand Concourse in the Bronx market. The sale price for the asset was $4,700,000, encompassing a total of 61 units. The property has a total square footage of 75,560, with a price per unit of $77,049 and a price per square foot of $62.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Units: 61
- Square Footage: 75,560
- Price Per Unit: $77,049
- Price Per Square Foot: $62
Lynda Blumberg from Friedman-Roth Realty represented the seller in this transaction, facilitating the sale of the property. This transaction highlights the active market for multifamily assets in the Bronx area, with a notable focus on unit count and overall size in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$250,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,698.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,280.40
Annual Debt Service$267,364.77
Is there something missing? Send suggestions