facebook
Traded Co logo
Submit

Menachem Landau And Partners Acquire Multi Family Property In Bronx For $3.85M

Property Image
SOLD

New York

See Similar Deals
MultiFamily167,820 SF
Sold 03/13/2018
the dealplayerscompscontact
Property Image
SOLD

Menachem Landau And Partners Acquire Multi Family Property In Bronx For $3.85M

727 E 156th St, The Bronx, NY 10456, USA

See Similar Deals
MultiFamily167,820 SF
Sold 03/13/2018
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:167,820 SF
Transaction Type:Sale

The multi-family property located at 727 East 156th Street in Bronx, New York has been sold for a price of $3,850,000. The property spans across 16,782 square feet and has a price per square foot of $229. It consists of 25 units, with each unit being sold at an average price of $154,000.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $3,850,000
  • Square Footage: 16,782 sf
  • Price per Square Foot: $229
  • Number of Units: 25
  • Price per Unit: $154,000

The seller of the property was a private investment group affiliated with Martin Jacobs, while the buyer was Menachem Landau and Partners. The deal was facilitated by brokers Scott Jacobs and Mike Stern.

Players

Mike Stern
3 deals$15.7M volume
BROKER

Scott Jacobs
2 deals$14M volume
BROKER

Partners
BUYER

Details

SOLD
IMAGE: 03/13/2018 IMAGE: Scott Jacobs ADDRESS: 727 East 156th Street CITY: New York MARKET: Bronx ASSET TYPE: Multi Family PRICE: $3,850,000 SF: 16,782 sf PPSF: $229 UNIT: 25 PPU: $154,000 SELLER: Private investment group affiliated with Martin Jacobs BUYER: Menachem Landau and Partners BROKER: Scott Jacobs and Mike Stern

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00