Heritage Group Acquires Bronx Multifamily For $2.5M
SOLD
New York
See Similar DealsMultiFamily226,900 SF
Sold 04/25/2018
SOLD
Heritage Group Acquires Bronx Multifamily For $2.5M
535 E 148th St, The Bronx, NY 10455, USA & 535 E 148th St, The Bronx, NY 10455, USA
See Similar DealsMultiFamily226,900 SF
Sold 04/25/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:226,900 SF
Transaction Type:Sale
The multi-family property located at 535 East 148th Street in Bronx, New York has been sold for $2,500,000. It spans a total of 11,345 square feet, with a price per square foot of $220. The property comprises 16 units, with a price per unit of $156,250. The cap rate for this transaction is 3.5%.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,500,000
- Address: 535 East 148th Street
- City: New York
- Market: Bronx
The seller of the property is David Breton, while the buyer is Heritage Group. The broker representing the deal is R.A.S. Equity Partners, with Richard Torres acting as their representative.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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