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4308 Richardson Avenue

Updated Oct 9, 2026

Ido Denti Purchases Multifamily Properties At 4308 Richardson Avenue And 658 East 156th Street For $1.58M
SOLDMultiFamily

Ido Denti Purchases Multifamily Properties At 4308 Richardson Avenue And 658 East 156th Street For $1.58M

4308 Richardson Avenue & 658 East 156th Street

$1,580,000

$303/SF

Building Size

2,736 SF

Asset Type

MultiFamily

Closing

Aug 3, 2026

About this deal

AI

The asset involved in this transaction is a multifamily property located at 4308 Richardson Avenue and 658 East 156th Street in the Bronx. The sale price for the property was $1,580,000, consisting of 6 units. The total square footage of the asset is 5,199, resulting in a price per unit of $263,333 and a price per square foot of $304.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,580,000
  • Units: 6
  • Square Footage: 5,199
  • Price per Unit: $263,333
  • Price per Square Foot: $304
  • Buyer: Ido Denti
  • Seller: Mary Harris

Ido Denti represents Bronx Development Group, which is actively seeking to purchase more 2-5 family properties throughout the Bronx, in any condition. Their approach includes handling renovation and management in-house, and they encourage contact for off-market or free-market opportunities via phone or email.

On the Map

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$1,580,000

$303/SF

MultiFamily

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Players

Ido Denti

Bronx Development Group

Buyer

$6.1M

vol

6 deals

Buyer

Mary Harris

Seller

$2.6M

vol

2 deals

Seller
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Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $303 per square foot on a published $1.6M for 5,199 square feet (2026).

Visit Mary Harris to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.04%

Cash-on-Cash

-2.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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