facebook
Traded Co logo
Submit

Friedman-Roth Realty Facilitates $3.41M Sale Of Multifamily Property In The Bronx

Property Image
SOLD
$3,410,000

New York

See Similar Deals
MultiFamily34,425 SF
Sold 02/13/2023
the dealplayerscompscontact
Property Image
SOLD

Friedman-Roth Realty Facilitates $3.41M Sale Of Multifamily Property In The Bronx

2909-2911 Valentine Avenue

See Similar Deals
MultiFamily34,425 SF
Sold 02/13/2023
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$99
Total Square Footage:34,425 SF
Transaction Type:Sale

A multifamily property located at 2909-2911 Valentine Avenue in The Bronx has been sold. The property consists of 35 units with a price per unit of $97,429. The total square footage of the property is 34,425, with a price per square foot of $99. The sale price for the property was $3,410,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,410,000
  • Units: 35
  • Price per Unit: $97,429
  • Total Square Footage: 34,425
  • Price per Square Foot: $99

The sale of the property was facilitated by Lynda Blumberg from Friedman-Roth Realty.

Players

Lynda Blumberg
9 deals$130.2M volume
BROKER

Details

SOLD
IMAGE: Lynda Blumberg DATE: 02/13/2023 ADDRESS: 2909-2911 Valentine Avenue MARKET: The Bronx ASSET TYPE: Multifamily BROKER: Lynda Blumberg - Friedman-Roth Realty SALE PRICE: $3,410,000 UNITS: 35 ~ PPU: $97,429 SF: 34,425 ~ PPSF: $99

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$181,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,115.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,165.14
Annual Debt Service$193,981.68