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:
- Kevin Darouvar - Contact: 516-317-1954, Email: [email protected]
- Uriel Setareh - Contact: 212-391-6070, Email: [email protected]
Players
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