Updated Mar 4, 2026
Joe Wasser & Elliot Romano Acquires Multifamily Property In Bronx For $2.4M
907 E 173rd St, The Bronx, NY 10460, USA
$2,400,000
$17/SF
Building Size
138,000 SF
Asset Type
MultiFamily
Closing
May 21, 2019
About this deal
AI
The multifamily property located at 907 E 173rd St in Bronx, Claremont, has been sold for a total price of $2,400,000. The property spans a total area of 13,800 square feet, resulting in a price per square foot of $173.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 907 E 173rd St
- Market: Bronx, Claremont
- Square Footage: 13,800
- Price per Square Foot: $173
The seller of the property was Jeff Samet, while the buyers were Joe Wasser and Elliot Romano (@ERomano1). The deal was brokered by Steven Vegh.
Players
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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93