Kingdom Equities Acquires Multi Family Property In Bronx For $5.45M
3063 Hull Ave, The Bronx, NY 10467, USA
$5,450,000
$245/SF
Building Size
22,160 SF
Asset Type
MultiFamily
Closing
Aug 5, 2018
AI
The multi-family property located at 3063 Hull Ave in the Bronx, New York, was sold for a total of $5,450,000. The property spans a total of 22,160 square feet, resulting in a price per square foot of $245.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $5,450,000
- Address: 3063 Hull Ave, Bronx, New York
- Market: Bronx
- Square Footage: 22,160
- Price Per Square Foot: $245
- Seller: Sam Applegrad
- Buyer: Kingdom Equities – Dom Casamento
- Broker: Ilya Tolmasov and Aaron Jungreis
The deal was facilitated by Ilya Tolmasov and Aaron Jungreis from Rosewood Realty Group NY, representing the buyer and seller in the transaction.
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
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93