Updated Dec 21, 2023
Shimon Greenfeld Acquires Multifamily Property On Coster Street, Hunts Point, Bronx For $1.5M
541 Coster Street, The Bronx, New York 10474, United States
$1,500,000
$229/SF
Building Size
6,525 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
About this deal
AI
Located at 541 Coster Street in the Hunts Point neighborhood of the Bronx, this recently closed transaction involved a multifamily property. The sale took place on June 17, 2022, and was facilitated by Jason M. Gold and Mark Anderson of Ariel Property Advisors.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,500,000
- Units: 6
- Price per Unit: $250,000
- Square Footage: 6,525
- Price per Square Foot: $230
The buyer in this transaction was Shimon Greenfeld, while the seller was Manmohan Gadh. Acting as the brokers for the deal, Jason M. Gold and Mark Anderson of Ariel Property Advisors represented their respective parties.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Anderson to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93