facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

4308 Richardson Avenue

Updated May 21, 2025

Samuel Dekel Purchases Bronx Multifamily Property From Mary Harris For $980,000 With David Malul As Buyer's Representative
SOLDMultiFamily

Samuel Dekel Purchases Bronx Multifamily Property From Mary Harris For $980,000 With David Malul As Buyer's Representative

4308 Richardson Avenue

$980,000

$356/SF

Building Size

2,750 SF

Asset Type

MultiFamily

Closing

May 9, 2025

About this deal

AI

The property asset involved in this transaction is a multifamily unit located at 4308 Richardson Avenue in the Bronx. The sale price for this property was $980,000, encompassing a total of 5 units. The asset spans a square footage of 2,750, resulting in a price per unit of $196,000 and a price per square foot of $356.

Summary of transaction details:

The transaction was facilitated by David Malul representing the buyer, Samuel Dekel, through his firm, Elite Homes NYC. The property was successfully acquired and assigned as a contract flip, showcasing the firm's expertise in sourcing both on and off-market properties while structuring profitable deals for investors.

Players

David Malul

Elite Homes NYC

Broker

$980K

vol

4 deals

Broker

Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $356 per square foot on a published $980K for 2,750 square feet (2025).

Visit David (Dave) Malul to view all their deals.

Browse Bronx multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.19%

Cash-on-Cash

-4.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets