Abe Garbo And Sara Rottenberg Acquire Bronx Multifamily Property From Dov Popek For $1.15M
SOLD
$1
New York
See Similar DealsMultiFamily6,000 SF
Sold 11/01/2024
SOLD
Abe Garbo And Sara Rottenberg Acquire Bronx Multifamily Property From Dov Popek For $1.15M
3679 Paulding Avenue
See Similar DealsMultiFamily6,000 SF
Sold 11/01/2024
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:6,000 SF
Transaction Type:Sale
This multifamily property is located at 3679 Paulding Avenue in the Bronx and consists of 6 units, encompassing a total of 6,000 square feet. The property was sold for a transaction amount of $1,150,000, which translates to a price per unit of $191,667 and a price per square foot of $192.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 6
- Square Footage: 6,000
- Price Per Unit: $191,667
- Price Per Square Foot: $192
- Buyer: Abe Garbo & Sara Rottenberg - Invest With Us Capital
- Seller: Dov Popek
- Date of Sale: 11/01/2024
The buyers, Abe Garbo and Sara Rottenberg, are associated with Invest With Us Capital, emphasizing their role in the acquisition of this multifamily asset. Dov Popek represented the selling side of this real estate transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.07
Debt Service Coverage Ratio (DSCR)
1.15x
Cap Rate
6.55%
Cash Flow (Annual)$0.01
Cash-on-Cash Return3.08%
Monthly Debt Service$0.00
Annual Debt Service$0.06
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