facebook
Traded Co logo
Submit

Jonathan Rosenberg Acquires Multifamily Building In Mott Haven, Bronx For $1.9M

Property Image
SOLD
$1,900,000

New York

See Similar Deals
MultiFamily113,750 SF
Sold 09/04/2020
the dealdetailscomps
Property Image
SOLD

Jonathan Rosenberg Acquires Multifamily Building In Mott Haven, Bronx For $1.9M

483 Willis Ave, The Bronx, NY 10455, USA

See Similar Deals
MultiFamily113,750 SF
Sold 09/04/2020
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$16
Total Square Footage:113,750 SF
Transaction Type:Sale

Located in Mott Haven, Bronx, the multifamily property at 483 Willis Avenue has recently been sold for $1,900,000. The property spans 11,375 square feet, with a price per square foot of $167. The building offers a total of 6,515 buildable square feet, resulting in a price per buildable square foot of $291. The transaction took place on September 4, 2020.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,900,000
  • Address: 483 Willis Avenue
  • Market: Mott Haven, Bronx

Jonathan Rosenberg has acquired the property from Idalia Cruz. The property is zoned as R6, C1-4 with a tax class of 2B.

Details

SOLD
IMAGE: 09/04/2020 ADDRESS: 483 Willis Avenue MARKET: Mott Haven, Bronx ASSET TYPE: Multifamily PRICE: $1,900,000 BSF: 6,515 / PPBSF: $291 SF: 11,375 / PPSF: $167 BUYER: Jonathan Rosenberg SELLER: Idalia Cruz ZONING: R6, C1-4 / TAX CLASS: 2B

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$101,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63