facebook
Traded Co logo
Submit

Joseph Camerata Acquires Multifamily Property In Crotona Park East, Bronx

Property Image
SOLD
$3,700,000

New York

See Similar Deals
MultiFamily250,650 SF
Sold 01/30/2020
the dealplayerscompscontact
Property Image
SOLD

Joseph Camerata Acquires Multifamily Property In Crotona Park East, Bronx

995 E 173rd St, The Bronx, NY 10460, USA

See Similar Deals
MultiFamily250,650 SF
Sold 01/30/2020
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$14
Total Square Footage:250,650 SF
Transaction Type:Sale

Eva Georgila has sold a multifamily property located at 995 E 173rd Street in Crotona Park East, Bronx. The property consists of 30 residential units and 1 commercial unit, with a total square footage of 25,065. The sale price for this transaction was $3,700,000, resulting in a price per square foot of $148. The buyer, Joseph Camerata, purchased the property at a price per unit of $119,354. The capitalization rate for this deal was 7.2%.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,700,000
  • Address: 995 E 173rd Street
  • Market: Crotona Park East, Bronx
  • Square Footage: 25,065
  • Units: 30 & 1 Commercial
  • Price per Square Foot: $148
  • Price per Unit: $119,354
  • Capitalization Rate: 7.2%

Seth Levine, Amit Doshi, and Shallini Mehra from Meridian Capital Group represented the seller, Eva Georgila, in this transaction. They facilitated the successful sale of the property to the buyer, Joseph Camerata.

Players

Shallini Mehra
78 deals$1.1B volume
BROKER

Amit Doshi
Meridian Capital Group
87 deals$1.3B volume
BROKER

Seth Levine
Meridian Capital Group
4 deals$19.4M volume
BROKER

Details

SOLD
IMAGE: Seth Levine, Amit Doshi, Shallini Mehra DATE: 01/30/2020 ADDRESS: 995 E 173rd Street MARKET: Crotona Park East, Bronx ASSET TYPE: Multifamily SALE PRICE: $3,700,000 SF: 25,065 PPSF: $148 UNITS: 30 & 1 Commercial PPU: $119,354 CAP: 7.2% SELLER: Eva Georgila BUYER: Joseph Camerata BROKERS: @Meridian.Capital.Group – Seth Levine, Amit Doshi & Shallini Mehra @TeamDoshi […]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered 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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$197,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65