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.
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