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2418 Beaumont Avenue

Alex Tsiros & Tony Kolaj Acquire Multifamily Property From Doug Sacs In Bronx For $1.13M
SOLDMultiFamily

Alex Tsiros & Tony Kolaj Acquire Multifamily Property From Doug Sacs In Bronx For $1.13M

2418 Beaumont Avenue

$1,130,000

$96/SF

Building Size

11,733 SF

Asset Type

MultiFamily

Closing

Feb 13, 2025

AI

The property located at 2418 Beaumont Avenue in the Bronx is a multi-family asset. The sale took place at a price of $1,130,000, comprising 16 units, with a price per unit of $70,625. The total square footage of the property is 11,733, equating to a price per square foot of $96.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,130,000
  • Units: 16
  • Price Per Unit: $70,625
  • Square Footage: 11,733
  • Price Per Square Foot: $96
  • Buyer: Alex Tsiros & Tony Kolaj
  • Seller: Doug Sacs
  • Broker: David Simone - Concourse Realty
  • Date of Transaction: 02/13/2025

The deal involved buyers Alex Tsiros and Tony Kolaj acquiring the property from seller Doug Sacs. The transaction was facilitated by broker David Simone from Concourse Realty, representing the involved parties in this multi-family property deal.

Players

David Simone

Concourse Realty

Broker

$143.1M

vol

25 deals

Broker

Bronx 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

14.04%

Cash-on-Cash

-4.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93