Alpha Realty Brokers Lev Mavashev, Yehuda Leser & Eli Yusupov Assist In $3M Multifamily Sale In North Bronx
SOLD
$3,000,000
New York
See Similar DealsMultiFamily18,600 SF
Sold 03/24/2022
SOLD
Alpha Realty Brokers Lev Mavashev, Yehuda Leser & Eli Yusupov Assist In $3M Multifamily Sale In North Bronx
612 East 180th Street, The Bronx, New York 10457, United States
See Similar DealsMultiFamily18,600 SF
Sold 03/24/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$161
Total Square Footage:18,600 SF
Transaction Type:Sale
The multifamily property located at 612 E. 180th St. in the North Bronx has been sold for a price of $3,000,000. The transaction took place on 03/24/2022 and involved a total of 26 units. The price per unit was calculated at $115,384, and the total square footage of the property is 18,600 with a price per square foot of $161.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 612 E. 180th St.
- Market: North Bronx
- Units: 26
- Price per Unit: $115,384
- Total Square Footage: 18,600
- Price per Square Foot: $161
The sale of this multifamily property was facilitated by the brokers Lev Mavashev, Yehuda Leser, and Eli Yusupov from Alpha Realty. They represented both the sellers, The Lulaj Family, and the buyers in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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