Updated Oct 29, 2024
Alexandros Tsiros Acquires Bronx Multifamily Property For $1.15M
3182 Westchester Ave, The Bronx, NY 10461, USA
$1,150,000
$24/SF
Building Size
47,250 SF
Asset Type
MultiFamily
Closing
Nov 20, 2018
About this deal
AI
The multifamily property located at 3182-3184 Westchester Avenue in Bronx has been sold for a sale price of $1,150,000. The property spans a total square footage of 4,725, resulting in a price per square foot of $243.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Square Footage: 4,725
- Price per Square Foot: $243
- Address: 3182-3184 Westchester Avenue
- Market: Bronx
All American laundry service, represented by Michael Martin, was the seller in this transaction. The buyer of the property is Alexandros Tsiros.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93