Rockledge Realty Acquires MultiFamily Property In The Bronx For $33.6M
SOLD
$33,600,000
New York
See Similar DealsMultiFamily314,590 SF
Sold 12/08/2022
SOLD
Rockledge Realty Acquires MultiFamily Property In The Bronx For $33.6M
Tudor Pl, The Bronx, NY, 10452
See Similar DealsMultiFamily314,590 SF
Sold 12/08/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$106
Total Square Footage:314,590 SF
Transaction Type:Sale
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
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,792,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$119,373.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$159,281.14
Annual Debt Service$1,911,373.70
Is there something missing? Send suggestions