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Avi Borukhov Purchases Multifamily Property In Bronx For $975000 With Broker Mike Rybinskov

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SOLD
$975,000

New York

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MultiFamily2,600 SF
Sold 10/01/2024
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Property Image
SOLD

Avi Borukhov Purchases Multifamily Property In Bronx For $975000 With Broker Mike Rybinskov

MultiFamily2,600 SF
Sold 10/01/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$375
Total Square Footage:2,600 SF
Transaction Type:Sale

The transaction involves a multi-family asset located in the Bronx, comprising 3 residential units. The property was sold for a total price of $975,000, yielding a per unit price of $325,000. It spans a total square footage of 2,600, which translates to a price per square foot of $375.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $975,000
  • Units: 3
  • Price Per Unit: $325,000
  • Square Feet: 2,600
  • Price Per Square Foot: $375
  • Buyer: Avi Borukhov
  • Broker: Mike Rybinskov - XRE NY

Avi Borukhov is the buyer of the multi-family property and has plans to convert the existing 3 units into 8 residential units. Mike Rybinskov represented the buyer in this transaction. There is an invitation from the buyer to reach out for opportunities involving conversion, value add, or distressed deals within the NYC area.

Players

Mike Rybinskov
4 deals$6.5M volume
BROKER

Details

SOLD
IMAGE: Mike Rybinskov & Avi Borukhov DATE: 10/01/2024 MARKET: Bronx ASSET TYPE: MultiFamily BUYER: Avi Borukhov (@InvestwithAvi) BROKER: Mike Rybinskov - XRE NY (@XRE.NY) SALE PRICE: $975,000 UNITS: 3 ~ PPU: $325,000 SF: 2,600 ~ PPSF: $375 NOTE FROM BUYER: @InvestwithAvi purchased a 3 unit building and planning to convert to 8 residential units. Please reach out if you have any conversion, value add or distressed deals within the NYC area.

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