Updated Dec 21, 2023
Barcel Group Represents Buyer In $3.025M Multifamily Sale In Fordham
9 E 193rd St, West Bronx, Bronx, NY, USA
$3,025,000
$104/SF
Building Size
29,000 SF
Asset Type
MultiFamily
Closing
Jul 30, 2020
About this deal
AI
The multifamily property located at 9 East 193rd St. in the Fordham market has been sold for a price of $3,025,000. The transaction took place on July 30, 2021, and the property spans a total area of 29,000 square feet, resulting in a price per square foot of $104.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,025,000
- Market: Fordham
- Address: 9 East 193rd St.
The seller of the property is The Guerro Family. Representing the buyer in this transaction was Marcel Fridman from Barcel Group.
Players
Bronx 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
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93