facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

3415 Colden Avenue

Aziz Tareb Acquires Multifamily Property In Williamsbridge For $2.2M
SOLDMultiFamily

Aziz Tareb Acquires Multifamily Property In Williamsbridge For $2.2M

3415 Colden Avenue

$2,200,000

$121/SF

Building Size

18,176 SF

Asset Type

MultiFamily

Closing

Apr 16, 2024

AI

The multifamily property located at 3415 Colden Avenue in Williamsbridge, Bronx, was sold for $2,200,000. This property consists of 21 units with a price per unit of $104,762. The total square footage of the property is 18,167, with a price per square foot of $121.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Units: 21
  • Price per Unit: $104,762
  • Square Footage: 18,167
  • Price per Square Foot: $121
  • Address: 3415 Colden Avenue
  • Market: Williamsbridge, Bronx

The sale of the property was facilitated by Richard Guarino and George Niblock from Friedman-Roth Realty. The buyer, Aziz Tareb, acquired the property from the seller, Yaakov Miller. Richard Guarino and George Niblock, serving as brokers in the transaction, ensured the successful completion of the deal.

Players

Richard Guarino

Friedman-Roth Realty

Broker

$305.7M

vol

52 deals

Broker

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93