Lynda Blumberg Of Friedman-Roth Realty Represents Buyer In Bronx Multifamily Sale For $3.89M
44 East 32nd Street
$3,890,000
$54/SF
Building Size
71,850 SF
Asset Type
MultiFamily
Closing
May 11, 2026
AI
The property involved in this transaction is a multifamily asset located at 1265 Walton Ave in the Bronx, NY. The sale price was $3,890,000, encompassing 71 units with a price per unit of $54,788. The total square footage of the property is 71,850, resulting in a price per square foot of $54.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,890,000
- Units: 71
- Price Per Unit: $54,788
- Square Footage: 71,850
- Price Per Square Foot: $54
- Buyer's Representative: Lynda Blumberg - Friedman-Roth Realty
- Seller's Representative: Richard Guarino - Friedman-Roth Realty
Key individuals involved in the transaction are Lynda Blumberg, representing the buyer, and Richard Guarino, representing the seller, both from Friedman-Roth Realty. Special thanks are extended to Tracey L. Daniels, Esq and Stephen S. Siminou, Esq for their contributions to the deal.
Players
New York 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
4.08%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93