Updated Oct 29, 2024
Rockledge Realty Acquires MultiFamily Property In The Bronx For $33.6M
Tudor Pl, The Bronx, NY, 10452
$33,600,000
$106/SF
Building Size
314,590 SF
Asset Type
MultiFamily
Closing
Dec 8, 2022
About this deal
AI
The asset involved in this transaction is a multifamily property located at Tudor Pl, The Bronx, NY, 10452. The property has a total square footage of 314,590 and was sold for $33,600,000.00 in the Bronx market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $33,600,000.00
- Address: Tudor Pl, The Bronx, NY, 10452
- Market: Bronx
- Square Footage: 314,590
- Buyer: Rockledge Realty
- Seller: Arthur Leeds Real Estate
- Buyer's Representative: Jason Goldy-Meridian Capital Group
This transaction involved key individuals and companies, where Rockledge Realty acted as the buyer, and Arthur Leeds Real Estate served as the seller, with Jason Goldy representing the buyer in this deal.
Players
Bronx 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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93