Updated Oct 9, 2026
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
$1,580,000
$303/SF
MultiFamily
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Players
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
10.04%
Cash-on-Cash
-2.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93