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617 Casanova St Bronx, NY 1...

Hirsch Family Acquires Multifamily Property On 617 Casanova Street In New York City For $1.05M
SOLDMultiFamily

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

Jacob Stavsky

Stav Equities LLC

Broker

$175.2M

vol

29 deals

Broker

Hirsch Family

Buyer

$41.1M

vol

2 deals

Buyer
F
FamilySeller

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