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325 East 176th Street

Updated May 12, 2025

Eduart Shllaku Acquires 57-Unit Multifamily Building In Mt Hope, Bronx For $5.3M
SOLDMultiFamily

Eduart Shllaku Acquires 57-Unit Multifamily Building In Mt Hope, Bronx For $5.3M

325 East 176th Street

$5,300,000

$98/SF

Building Size

53,800 SF

Asset Type

MultiFamily

Closing

Sep 12, 2023

About this deal

AI

Eduart Shllaku, on behalf of 325 East 176th LLC, has acquired a 57-unit residential elevator building located at 325 East 176th Street in Mt. Hope, Bronx, for a total sale price of $5.3 million. The property is a multifamily asset consisting of 57 units, with an average price per unit of $92,982. The total building square footage is 58,476, making the price per square foot $91.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,300,000
  • Address: 325 East 176th Street, Mt Hope, Bronx
  • Market: Mt Hope, Bronx
  • Units: 57
  • Price per Unit: $92,982
  • Building Square Footage: 58,476
  • Price per Square Foot: $91
  • Buyer: Eduart Shllaku
  • Seller: Menashe Kahan

Eduart Shllaku, the buyer, represented the entity 325 East 176th LLC in this transaction. The seller, Menashe Kahan, successfully sold the property to Eduart Shllaku for the agreed-upon amount of $5.3 million.

Players

Wells Fargo
Wells FargoBrokerage

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $98 per square foot on a published $5.3M for 53,800 square feet (2023).

Browse Bronx multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.99%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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