Updated Dec 4, 2024
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
About this deal
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.
On the Map
$2,200,000
$121/SF
MultiFamily
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Players
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93