Joseph Grunwald Acquires Multifamily Property In Woodstock, Bronx For $2.3M
SOLD
$232,500
New York
See Similar DealsMultiFamily10,117 SF
Sold 08/09/2019
SOLD
Joseph Grunwald Acquires Multifamily Property In Woodstock, Bronx For $2.3M
702 Eagle Avenue, Woodstock, The Bronx, NY, USA
See Similar DealsMultiFamily10,117 SF
Sold 08/09/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$23
Total Square Footage:10,117 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$12,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$826.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,102.17
Annual Debt Service$13,226.02
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