Unknown Buyer Acquires Bronx Property From Rooftops Realty Inc For $6.3M With Matthew Barbaccia And Christian Dedvukaj As Buyer's Representatives
SOLD
$6,300,000
New York
See Similar DealsMultiFamily
SOLD
Unknown Buyer Acquires Bronx Property From Rooftops Realty Inc For $6.3M With Matthew Barbaccia And Christian Dedvukaj As Buyer's Representatives
55 E 196th St, Bronx, NY, 10468
See Similar DealsMultiFamily
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale
The property involved in this transaction is a multifamily building with 36 units located at 55 E 196th St, Bronx, NY, 10468. It was completed in the 1940s and is a six-story structure. The sale price of the property was $6,300,000.00, and it is situated in the Bronx market.
Summary of transaction details:
- Property Type: Multifamily Building
- Transaction Amount: $6,300,000.00
- Address: 55 E 196th St, Bronx, NY, 10468
- Market: Bronx
- Buyer: Unknown
- Seller: Rooftops Realty Inc
- Buyer's Representatives: Matthew Barbaccia-Brix Real Estate Advisors, Christian Dedvukaj-B6 Real Estate Advisors
Matthew Barbaccia and Christian Dedvukaj represented Rooftops Realty Inc in the sale. They also acted on behalf of a group of undisclosed local investors, who were the buyers in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
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