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
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