Updated Apr 9, 2025
Celaj Family Purchases Bronx Multifamily Property From Joel Rabine For $3.825M
365 East 205th St
$3,825,000
$193/SF
Building Size
19,800 SF
Asset Type
MultiFamily
Closing
May 6, 2019
About this deal
AI
The property asset involved in this transaction is a MultiFamily residence located at 365 East 205th St in the Bronx. The sale occurred for a total price of $3,825,000.00, with the property encompassing a total square footage of 19,800.0 SF, indicating a substantial investment in the multifamily real estate market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,825,000.00
- Address: 365 East 205th St
- Market: Bronx
- Square Footage: 19,800.0
- Buyer: Celaj Family
- Seller: Joel Rabine
- Broker: Shlomo Antebi - Atlas Realty Group
Key individuals involved in the transaction include the buyer, Celaj Family, and the seller, Joel Rabine. The deal was facilitated by broker Shlomo Antebi of Atlas Realty Group, representing the interests of the parties in this multifamily real estate transaction.
On the Map
$3,825,000
$193/SF
MultiFamily
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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
4.15%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93