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3219 East Tremont Avenue

Updated Oct 29, 2024

Anibal Gomez Acquires Multifamily Property On East Tremont Avenue In New York City For $6.3M
SOLDMultiFamily

Anibal Gomez Acquires Multifamily Property On East Tremont Avenue In New York City For $6.3M

3219 East Tremont Avenue

$6,300,000

$315/SF

Building Size

19,995 SF

Asset Type

MultiFamily

Closing

Apr 5, 2023

About this deal

AI

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

A special thanks was given to Jose Espinal, Anthony Simari Esq., and David Hager Esq. for their involvement in the transaction.

On the Map

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$6,300,000

$315/SF

MultiFamily

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Players

Richard Guarino
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Richard Guarino

Friedman-Roth Realty

Broker

$313.1M

vol

53 deals

Broker
Eli Tabak

Eli Tabak

Bluestone Group

Seller

$23.7M

vol

4 deals

Seller
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Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $315 per square foot on a published $6.3M for 19,995 square feet (2023).

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Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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