Keyou Kopour Acquires 9-Unit Multifamily In Morrisania, Bronx For $930,000
SOLD
$930,000
New York
See Similar DealsMultiFamily8,137 SF
Sold 06/01/2022
SOLD
Keyou Kopour Acquires 9-Unit Multifamily In Morrisania, Bronx For $930,000
644 East 170th Street, The Bronx, New York 10456, United States
See Similar DealsMultiFamily8,137 SF
Sold 06/01/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$114
Total Square Footage:8,137 SF
Transaction Type:Sale
A multifamily property located at 644 E. 170th St. in Morrisania, Bronx, has been sold for a price of $930,000. The property comprises 9 units with a total square footage of 8,137. The price per unit is approximately $103,333, and the price per square foot is approximately $114.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $930,000
- Address: 644 E. 170th St., Morrisania, Bronx
- Units: 9
- Price per Unit: $103,333
- Total Square Footage: 8,137
- Price per Square Foot: $114
The buyer in this transaction is Keyou Kopour, while the seller is Thomas Steiner. The deal was facilitated by Zachary Fuchs and Moshe Goldberger, who represented both parties as brokers from GFI Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$49,600.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,304.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,408.67
Annual Debt Service$52,904.09
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