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3220 Radcliff Avenue, The B...

Enayatian Family Acquires Multifamily Property In Bronx For $1M With Dusk Group's Representation
SOLDMultiFamily

Enayatian Family Acquires Multifamily Property In Bronx For $1M With Dusk Group's Representation

3220 Radcliff Avenue, The Bronx, New York 10469, United States

$1,000,000

$176/SF

Building Size

5,670 SF

Asset Type

MultiFamily

Closing

Jun 15, 2022

AI

The multifamily property located at 3220 Radcliff Ave in Bronx has been sold in a recent transaction. The property consists of 7 units with a total square footage of 5,670. The sale price for this property was $1,000,000, resulting in a price per unit of $142,857 and a price per square foot of $176.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 3220 Radcliff Ave

In this sale, the buyer of the property is the Enayatian Family, while George Markaj acted as the seller. The transaction was facilitated by Kevin Darouvar, Uriel Setareh, and Ryan Deane of Dusk Group, serving as the brokers involved in the deal.

Dusk Group, known for specializing in the sale of multifamily and mixed-use buildings, as well as development sites in the five boroughs, has a dedicated team of retail agents. They are actively engaged in both exclusive and off-market deals, offering a large inventory of real estate options. For any real estate needs, interested parties can reach out to the following representatives:

Players

Kevin Darouvar

Dusk Group

Broker

$31.7M

vol

12 deals

Broker

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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93