Raul Russi Of Acacia Network Sells Multifamily Building In Mott Haven For $8.77M
437 East 135th Street
$8,770,831
$1,069/SF
Building Size
8,200 SF
Asset Type
MultiFamily
Closing
Apr 9, 2026
AI
A multifamily building located at 437 East 135th Street in the Mott Haven neighborhood of the Bronx has been sold. The asset boasts a size of 8,200 square feet and was sold for $8,770,831, which translates to approximately $1,070 per square foot.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $8,770,831
- Square Footage: 8,200
- Price Per Square Foot: $1,070
- Address: 437 East 135th Street
- Market: Mott Haven, Bronx
- Seller: Raul Russi - Acacia Network
The transaction was facilitated by Raul Russi representing Acacia Network, the seller in this deal. The closing of this transaction highlights the continued interest in multi-family real estate within the Bronx region.
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
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93