Updated Dec 19, 2023
Angela Clarke & Rosemarie Mothersill Acquire Multifamily Property In Bronx For $725,000
4330 Matilda Avenue, The Bronx, New York 10466, United States
$725,000
$263/SF
Building Size
2,750 SF
Asset Type
MultiFamily
Closing
Apr 26, 2022
About this deal
AI
The multifamily property located at 4330 Matilda Ave. in Bronx has been sold in a transaction. The sale took place on April 27, 2022. The property consists of two units and spans across a total area of 2,750 square feet. It was bought by Angela Clarke & Rosemarie Mothersill. The seller of the property was Perla Valentin. The sale was facilitated by Ryston Buchanan from RXB Realty Group. The transaction was closed at a price of $725,000, with each unit priced at $362,500. The price per square foot was calculated to be $263.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $725,000
- Units: 2
- Price per Unit: $362,500
- Square Footage: 2,750
- Price per Square Foot: $263
- Buyer: Angela Clarke & Rosemarie Mothersill
- Seller: Perla Valentin
- Broker: Ryston Buchanan - RXB Realty Group
Ryston Buchanan, representing RXB Realty Group, facilitated the sale of this multifamily property. For further information, interested parties can visit the website www.RXBRealtygroup.com or contact the broker directly at +1 (718) 708-6684.
Players
New York 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
21.88%
Cash-on-Cash
-6.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93