Shia Geller Sells Multifamily Asset At 735 East 182nd Street Bronx For $2.2M
735 East 182nd Street
$2,200,000
$110/SF
Building Size
20,000 SF
Asset Type
MultiFamily
Closing
Nov 7, 2024
AI
The property involved in this transaction is a multifamily asset located at 735 East 182nd Street in the Bronx. The sale price for the property was $2,200,000, with a total square footage of 20,000, resulting in a price per square foot of $110.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 735 East 182nd Street
- Market: Bronx
- Square Footage: 20,000
- Price per Square Foot: $110
- Seller: Shia Geller
- Brokers: Lev Mavashev & Yehuda Leser - Alpha Realty
Lev Mavashev and Yehuda Leser represented the seller, Shia Geller, in this transaction, playing a crucial role in the deal’s negotiation and execution. Their involvement highlights their professional expertise in the market.
Players
Bronx MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93