Moses Freund Acquires Multifamily Property On East 194th Street For $4.6M
364 E 194th St Bronx, Ny 10458, Usa
$4,575,000
$213/SF
Building Size
21,472 SF
Asset Type
MultiFamily
Closing
Sep 8, 2023
AI
A 27-unit multifamily apartment building located at 364-372 East 194th Street in the Fordham neighborhood of the Bronx has been sold for a total of $4,575,000. The property spans 21,472 square feet and has a price per square foot of $213. The buyer of the property is Moses Freund, while the seller of the property is Tony Singh.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,575,000
- Units: 27
- Price per Unit: $169,444
- Square Footage: 21,472
- Price per Square Foot: $213
- Address: 364-372 East 194th Street
- Market: Fordham, Bronx
The sale of the partially completed apartment building was successfully facilitated by Daniel O'Brien, William Diana, Jonathan Squires, and Joshua Neustadter from Cushman & Wakefield. For more information on this transaction or similar opportunities, interested parties can contact William Diana at 718-512-2622 or [email protected].
Players
Street 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
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93