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David Koshers Acquires Bronx Multifamily Properties From Izzy Kirzner For $5,680,125
SOLD
$5,680,125
New York
See Similar DealsMultiFamily28,704 SF
Sold 05/26/2026
SOLD
David Koshers Acquires Bronx Multifamily Properties From Izzy Kirzner For $5,680,125
647 Cauldwell Avenue & 643 Cauldwell Avenue
See Similar DealsMultiFamily28,704 SF
Sold 05/26/2026
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$197
Total Square Footage:28,704 SF
Transaction Type:Sale
David Koshers has acquired two multifamily properties located at 647 & 643 Cauldwell Avenue in Woodstock, Bronx. The properties, encompassing a total of 28,704 square feet, were sold for $5,680,125, representing a price per square foot of $198.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,680,125
- Addresses: 647 & 643 Cauldwell Avenue
- Market: Woodstock, Bronx
- Square Feet: 28,704
- Price Per Square Foot: $198
- Buyer: David Koshers
- Seller: Izzy Kirzner - Sharp Management Corp
Izzy Kirzner of Sharp Management Corp was the seller in this transaction, representing the organization in its decision to sell the multifamily assets to David Koshers.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$302,940.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,180.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,926.69
Annual Debt Service$323,120.28
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