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Sunrise Equities Acquires Multifamily Asset In Bronx Queens For $5,815,000
SOLDMultiFamily

Sunrise Equities Acquires Multifamily Asset In Bronx Queens For $5,815,000

$5,815,000

Building Size

Asset Type

MultiFamily

Closing

Apr 12, 2026

AI

This transaction involves a multifamily asset situated in the Bronx and Queens markets, comprising 22 units with a price per unit of $264,318. The total sale price for the property was $5,815,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $5,815,000
  • Units: 22
  • Price Per Unit: $264,318
  • Buyer: Sunrise Equities
  • Market: Bronx, Queens

Neer Sachar represented Sunrise Equities in this transaction. The buyer is actively pursuing multifamily, mixed-use, and retail investment opportunities throughout New York City and can be contacted via email at [email protected] or by phone at (516) 776-3195.

Players

Neer Sachar

Sunrise Equities

Buyer

$18.1M

vol

13 deals

Buyer

Market 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

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93