Updated Dec 20, 2023
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
About this deal
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.
On the Map
$232,500
$23/SF
MultiFamily
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Players
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