Sally Collazo Acquires Multifamily Property In University Heights/Fordham For $11.5M
340 East 184th Street, Bronx, NY 10458, USA
$11,500,000
$199/SF
Building Size
57,774 SF
Asset Type
MultiFamily
Closing
Mar 25, 2019
AI
The multifamily property located at 340 East 184th Street in the University Heights/Fordham neighborhood of Bronx, New York has been sold for a price of $11,500,000. The property spans a total area of 57,774 square feet and has a price per square foot of $199.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,500,000
- Address: 340 East 184th Street, University Heights/Fordham, Bronx, New York
- Market: University Heights/Fordham, Bronx
- Square Footage: 57,774
- Price per Square Foot: $199
The seller of the property was Steve Satz, and the buyer was Sally Collazo. The transaction was facilitated by Timour Shafran, who represented both parties as the broker.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93