Sunrise Equities Acquires Bronx Multifamily Property For $1.16M With Buyer's Rep Neer Sachar
SOLD
$1,160,000
New York
See Similar DealsMultiFamily
Sold 11/02/2021
SOLD
Sunrise Equities Acquires Bronx Multifamily Property For $1.16M With Buyer's Rep Neer Sachar
829 E 220 St, The Bronx, New York 10467, United States
See Similar DealsMultiFamily
Sold 11/02/2021
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale
Located in the Bronx, the multifamily property at 829 East 220 Street & 2303 Bathgate Avenue has been sold for a price of $1,160,000. The transaction took place on 11/02/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Market: Bronx
- Buyer: Neer Sachar - Sunrise Equities
Sunrise Equities, a vertically integrated real estate investment firm specializing in multifamily and mixed-use properties with a focus on the Bronx and Upper Manhattan markets, served as the buyer for this transaction. Neer Sachar, representing Sunrise Equities, can be contacted at [email protected] or (516) 776-3195 for potential opportunities.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insightsādelivered 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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insightsādelivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,121.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,498.99
Annual Debt Service$65,987.90
Is there something missing? Send suggestions