Reyes Family Purchases Multifamily Property From Elaine Stewart For $625,000 In Bronx
377 East 152nd Street
$625,000
$89,285/SF
Building Size
7 SF
Asset Type
MultiFamily
Closing
Mar 30, 2026
AI
The multifamily asset located at 377 East 152nd Street in the Bronx has been sold for a price of $625,000. The property encompasses a total square footage of 7,325 and consists of 10 units, with a price per unit of $62,500 and a price per square foot of $85.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $625,000
- Address: 377 East 152nd Street
- Market: Bronx
- Square Footage: 7,325
- Units: 10
- Price per Unit: $62,500
- Price per Square Foot: $85
- Buyer: Reyes Family
- Seller: Elaine Stewart
- Brokers: Seth Glasser & Michael Fusco - Marcus & Millichap
Seth Glasser and Michael Fusco from Marcus & Millichap represented the transaction, serving on behalf of the buyer, Reyes Family, and the seller, Elaine Stewart, facilitating the closed deal in the Bronx market.
Players
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
25.38%
Cash-on-Cash
-7.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93