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Ryan Zar & David Strauss Acquire 9-Unit Multi-Family Property In Highbridge, Bronx For $2.04M

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SOLD

New York

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MultiFamily12,768 SF
Sold 04/19/2018
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SOLD

Ryan Zar & David Strauss Acquire 9-Unit Multi-Family Property In Highbridge, Bronx For $2.04M

974 Anderson Ave, The Bronx, NY 10452, USA

See Similar Deals
MultiFamily12,768 SF
Sold 04/19/2018
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:12,768 SF
Transaction Type:Sale

The multi-family property located at 974 Anderson Avenue in Highbridge, Bronx, New York has been sold for a total price of $2,040,000. The property spans a total of 12,768 square feet, with each unit offering over 1,000 square feet of space. The price per square foot for this transaction is $168, and the purchase price per unit is $226,000. The property has a capitalization rate of 5.2%.

Summary of Transaction Details:

  • Property Type: Multi Family
  • Transaction Amount: $2,040,000
  • Square Footage: 12,768 sf
  • Price per Square Foot: $168
  • Number of Units: 9
  • Purchase Price per Unit: $226,000
  • Capitalization Rate: 5.2%
  • Market: Highbridge, Bronx

The seller of the property is 974 Anderson LLC, represented by Chaim Simkowitz. The buyers in this transaction are Ryan Zar and David Strauss.

Players

CS
Chaim Simkowitz
5 deals$76.1M volume
SELLER

Details

SOLD
IMAGE: Ryan Zar (@RyanZar1) DATE: 04/19/2018 ADDRESS: 974 Anderson Avenue CITY: New York MARKET: Highbridge, Bronx ASSET TYPE: Multi Family PRICE: $2,040,000 SF: 12,768 sf (total) PPSF: $168 UNITS: 9 (Over 1,000 sq. ft per unit) PPU: $226,000 CAP RATE: 5.2% SELLER: 974 Anderson LLC – Chaim Simkowitz BUYER: Ryan Zar & David Strauss

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