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377 East 152nd Street

Reyes Family Purchases Multifamily Property From Elaine Stewart For $625,000 In Bronx
SOLDMultiFamily

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

Michael Fusco

Marcus & Millichap

Broker

$576.1M

vol

88 deals

Broker

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

25.38%

Cash-on-Cash

-7.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93