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3513 East Tremont Avenue

Updated Mar 20, 2025

Shahriar Davaran Acquires Multifamily Property From Estates Of Robert Farhadian And Ram Gupta For $750,000
SOLDMultiFamily

Shahriar Davaran Acquires Multifamily Property From Estates Of Robert Farhadian And Ram Gupta For $750,000

3513 East Tremont Avenue

$750,000

$270/SF

Building Size

2,777 SF

Asset Type

MultiFamily

Closing

Mar 6, 2025

About this deal

AI

The asset involved in this transaction is a MultiFamily property located at 3513 East Tremont Avenue in the Bronx. The transaction was executed at a price of $750,000.00, encompassing a total square footage of 2777.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $750,000.00
  • Address: 3513 East Tremont Avenue
  • Market: Bronx
  • Buyer: Shahriar Davaran
  • Seller: Estate of Robert Farhadian and the Estate of Ram Gupta

Key individuals involved in this transaction include Shahriar Davaran as the buyer, and the sellers are the Estate of Robert Farhadian and the Estate of Ram Gupta. The transaction was facilitated with assistance from Anthony Simari Esq.

On the Map

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$750,000

$270/SF

MultiFamily

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Players

Richard Guarino
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Richard Guarino

Friedman-Roth Realty

Broker

$313.1M

vol

53 deals

Broker
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Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $270 per square foot on a published $750K for 2,777 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

21.15%

Cash-on-Cash

-6.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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