Updated Oct 29, 2024
Almond Tree Realty Acquires 5-Story Walk-Up Buildings In Bronx For $3.7M
735 East 182nd Street, Bronx, NY, USA
$3,700,000
$185/SF
Building Size
20,000 SF
Asset Type
MultiFamily
Closing
Dec 4, 2017
About this deal
AI
735 E 182nd Street, a 5-Story Walk-Up Building located in New York's Bronx neighborhood, was recently sold for $3,700,000 on 12/05/17. The property consists of 21 units and has a price per square foot (PPSF) of $200.
Summary of Transaction Details
- Property Type: 5-Story Walk-Up Building
- Transaction Amount: $3,700,000
- Address: 735 E 182nd Street, New York
- Market: Bronx
- Units: 21
- PPSF: $200
The seller of the property was 735 Belmont LLC, while Almond Tree Realty acted as the buyer. The sale was facilitated by Alpha Realty's Lev Mavashev and Scott Schwartz, serving as the brokers in the transaction.
On the Map
$3,700,000
$185/SF
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93