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44 East 32nd Street

Lynda Blumberg Of Friedman-Roth Realty Represents Buyer In Bronx Multifamily Sale For $3.89M
SOLDMultiFamily

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

Richard Guarino

Friedman-Roth Realty

Broker

$305.7M

vol

52 deals

Broker

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

4.08%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93