Updated Jul 23, 2026
Les Lerner Sells Bronx Multifamily Property For $6.8M With Samia Farah Of KSR As The Broker
3190 Riverdale Avenue
$6,800,000
$226/SF
Building Size
30,000 SF
Asset Type
MultiFamily
Closing
Jul 10, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 3190 Riverdale Avenue in the Bronx. The sale price for this property was $6,800,000. It spans across 30,000 square feet, resulting in a price per square foot of $226.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,800,000
- Address: 3190 Riverdale Avenue
- Market: Bronx
- Square Footage: 30,000
- Price per Square Foot: $226
- Seller: Les Lerner
- Broker: Samia Farah - KSR
Les Lerner served as the seller in this transaction, with Samia Farah representing him through Kassin Sabbagh Realty (KSR). Farah expressed pride in successfully representing the seller in this deal.
On the Map
$6,800,000
$226/SF
MultiFamily
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Bronx 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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93