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899 East 169th Street, Bron...

Sally Collazo Acquires Multifamily Property In Bronx For $4.41M
SOLDMultiFamily

Sally Collazo Acquires Multifamily Property In Bronx For $4.41M

899 East 169th Street, Bronx, NY 10459, USA

$4,410,000

$188/SF

Building Size

23,400 SF

Asset Type

MultiFamily

Closing

Aug 13, 2021

AI

A multifamily property located at 899 East 169th Street in Bronx has been sold for $4,410,000. The property has a total square footage of 23,400, resulting in a price per square foot of $188. The transaction took place on August 13, 2021.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,410,000
  • Square Footage: 23,400
  • Price Per Square Foot: $188
  • Address: 899 East 169th Street, Bronx
  • Market: Bronx

The buyer of the property is Sally Collazo and the seller is Steve Satz. The brokers involved in the deal are Timour Shafran and Jessica Pepe.

Players

Jessica Pepe

Citicore

Broker

$13.1M

vol

4 deals

Broker

Sally Collazo

Buyer

$15.9M

vol

2 deals

Buyer

Steve Satz

Seller

$28.7M

vol

4 deals

Seller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.60%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93