Hirsch Family Acquires Multifamily Property On 617 Casanova Street In New York City For $1.05M
SOLD
$1,050,000
+ 1
New York
See Similar DealsMultiFamily4,350 SF
Sold 07/27/2023
SOLD
Hirsch Family Acquires Multifamily Property On 617 Casanova Street In New York City For $1.05M
617 Casanova St Bronx, NY 10474, USA
See Similar DealsMultiFamily4,350 SF
Sold 07/27/2023
+ 1
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$241
Total Square Footage:4,350 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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