Anibal Gomez Acquires Multifamily Property On East Tremont Avenue In New York City For $6.3M
SOLD
$6,300,000
New York
See Similar DealsMultiFamily19,995 SF
Sold 04/05/2023
SOLD
Anibal Gomez Acquires Multifamily Property On East Tremont Avenue In New York City For $6.3M
3219 East Tremont Avenue
See Similar DealsMultiFamily19,995 SF
Sold 04/05/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$315
Total Square Footage:19,995 SF
Transaction Type:Sale
Located at 3219 East Tremont Avenue in New York City, this multifamily property was recently sold in a closed transaction. The property spans 19,995 square feet and was acquired for a sale price of $6,300,000, resulting in a price per square foot of $315. The buyer of the property was Anibal Gomez, while the seller was Bluestone Group, represented by Eli Tabak. The transaction was facilitated by Skyler Gironda and Richard Guarino from Friedman-Roth Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,300,000
- Square Footage: 19,995
- Buyer: Anibal Gomez
- Seller: Bluestone Group - Eli Tabak
- Brokers: Skyler Gironda & Richard Guarino - Friedman-Roth Realty
A special thanks was given to Jose Espinal, Anthony Simari Esq., and David Hager Esq. for their involvement in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
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