Bernard Miller Entities Acquires 82-Unit MultiFamily In Bronx For $20.6M
SOLD
New York
See Similar DealsMultiFamily52,400 SF
Sold 04/27/2018
SOLD
Bernard Miller Entities Acquires 82-Unit MultiFamily In Bronx For $20.6M
3508 Kings College Pl, The Bronx, NY 10467, USA & 3508 Kings College Pl, The Bronx, NY 10467, USA
See Similar DealsMultiFamily52,400 SF
Sold 04/27/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:52,400 SF
Transaction Type:Sale
The multi-family property located at 3508 Kings College Place and 3511 Putnam Place in New York City's Bronx market has been sold for a total of $20,600,000. The property consists of 82 units, with a price per unit (PPU) of $251,000.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $20,600,000
- Units: 82
- Price Per Unit (PPU): $251,000
- Address: 3508 Kings College Place and 3511 Putnam Place, New York
- Market: Bronx
The seller of this property was MPNY Realty Inc., run by Gjon Dedvukaj. The buyer, on the other hand, was Bernard Miller Entities. Giuseppe Inglese from Friedman Roth Realty represented the seller, while David Gerstel also from Friedman Roth Realty represented the buyer in this transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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