Updated Nov 4, 2023
Yenny Castillo Acquires Norwood Multifamily Buildings For $4.4M From Peter Serpico & Carmine Dellacava
3331 Hull Ave Bronx, NY 10467, USA
$4,400,000
$216/SF
Building Size
20,368 SF
Asset Type
MultiFamily
Closing
Aug 8, 2023
About this deal
AI
A multifamily property consisting of two eight-unit residential walkup buildings located at 3331 Hull Avenue and 3335 Hull Avenue in Norwood, Bronx, has been sold. The property was acquired by Yenny Castillo, represented by Hull Management LLC, for a total price of $4.4 million from Peter Serpico and Carmine Dellacava's entity Cdht LLC. The buildings have a total square footage of 20,368 and a price per square foot of $216.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $4,400,000
- Square Footage: 20,368
- Price per Square Foot: $216
- Address: 3331 Hull Avenue & 3335 Hull Avenue
- Market: Norwood, Bronx
Yenny Castillo, represented by Hull Management LLC, successfully completed the acquisition of the two eight-unit residential walkup buildings. The purchase was made from Peter Serpico and Carmine Dellacava's entity Cdht LLC for a price of $4.4 million. The transaction was finalized on 08/08/2023. The deal was facilitated by the buyer's representative and represents a significant investment in the Norwood, Bronx market.
On the Map
$4,400,000
$216/SF
MultiFamily
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Bronx 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93