Updated Oct 29, 2024
Friedman-Roth Realty Sells Multifamily Property At 4250 Carpenter Ave For $6.25M
4250 Carpenter Ave Bronx, NY 10466, USA
$6,250,000
$147/SF
Building Size
42,294 SF
Asset Type
MultiFamily
Closing
Jun 13, 2023
About this deal
AI
The multifamily property located at 4250 Carpenter Avenue in New York City has been sold in a recent transaction. The property consists of 49 units spanning over 42,294 square feet. The sale price for this transaction was $6,250,000, resulting in an average price per unit of $127,551. The price per square foot was $148.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,250,000
- Address: 4250 Carpenter Avenue, New York City
- Market: New York City
- Units: 49
- Price per Unit: $127,551
- Square Footage: 42,294
- Price per Square Foot: $148
The transaction was facilitated by Richard Guarino from Friedman-Roth Realty. As the representative of the buyer or seller, Richard Guarino played a crucial role in the successful completion of this deal.
New York 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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93