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702 Eagle Avenue, Woodstock...

Joseph Grunwald Acquires Multifamily Property In Woodstock, Bronx For $2.3M
SOLDMultiFamily

Joseph Grunwald Acquires Multifamily Property In Woodstock, Bronx For $2.3M

702 Eagle Avenue, Woodstock, The Bronx, NY, USA

$232,500

$23/SF

Building Size

10,117 SF

Asset Type

MultiFamily

Closing

Aug 8, 2019

AI

A multifamily property located at 702, 704 Eagle Avenue in Woodstock, Bronx has been sold. The property spans 10,117 square feet and was sold for a price of $2,325,000, resulting in a price per square foot of $229. Julio Reyes was the broker involved in the transaction. The sale was closed on 08/09/2019.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,325,000
  • Address: 702, 704 Eagle Avenue, Woodstock, Bronx
  • Market: Woodstock, Bronx

Joseph Grunwald was the buyer in this transaction, while Gershon Eichorn acted as the seller. Julio Reyes, representing eyeselsamad, served as the broker for the deal.

Players

Julio Reyes

Broker

$32.9M

vol

13 deals

Broker

Gershon Eichorn

Seller

$49.4M

vol

7 deals

Seller

Bronx 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

68.23%

Cash-on-Cash

-19.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93