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
$6,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
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.
Players
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93