Hirsch Family Acquires Multifamily Property On 617 Casanova Street In New York City For $1.05M
617 Casanova St Bronx, NY 10474, USA
$1,050,000
$241/SF
Building Size
4,350 SF
Asset Type
MultiFamily
Closing
Jul 27, 2023
AI
A multifamily property located at 617 Casanova Street in New York City has been sold. The property spans 4,350 square feet and was sold for a price of $1,050,000, resulting in a price per square foot of $241.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 617 Casanova Street
- Market: New York City
The buyer of the property is the Hirsch Family, while the seller is the Kelly Family. The deal was facilitated by two brokers: Jacob Stavsky from Stav Equities and Roni Soleimani from SP Capital Group.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93