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
Mount Vernon 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