facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

48 South Bleeker Street

Dritero Gjikolli Purchases Multifamily Property From Brendon Ryan For $1,130,000 In Mount Vernon
SOLDMultiFamily

Dritero Gjikolli Purchases Multifamily Property From Brendon Ryan For $1,130,000 In Mount Vernon

48 South Bleeker Street

$1,130,000

$205/SF

Building Size

5,500 SF

Asset Type

MultiFamily

Closing

May 7, 2026

AI

The property asset involved in the transaction is a multifamily building located at 48 South Bleeker Street in the Mount Vernon market. The sale price for the property was $1,130,000, consisting of 5 units with a price per unit of $226,000. The building has a total square footage of 5,500, resulting in a price per square foot of $205.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,130,000
  • Units: 5
  • Price per Unit: $226,000
  • Square Footage: 5,500
  • Price per Square Foot: $205
  • Buyer: Dritero Gjikolli
  • Seller: Brendon Ryan
  • Brokers: Valon Nikci & Michael Venuto - Link NY Realty
  • Date of Sale: 5/8/2026

Key individuals in this transaction include the buyer Dritero Gjikolli and seller Brendon Ryan. The brokers, Valon Nikci and Michael Venuto from Link NY Realty, facilitated the transaction, reflecting their commitment to creating opportunities in the real estate market.

Players

Valon Nikci

Link NY Realty

Broker

$30.7M

vol

8 deals

Broker
Link NY Realty
Link NY RealtyBrokerage

Mount Vernon MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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