This 71-unit Bronx multifamily asset at 1265 Walton Ave transacted at $54/SF and $54,788/unit, which is consistent with the lower end of South Bronx and Concourse Village multifamily comps, reflecting the likely rent-stabilized nature of the portfolio. The Traded.co calculator flags a DSCR of 0.94x at current financing assumptions, meaning the deal does not cover debt service at market rates — a meaningful credit concern for any acquisition loan. The cap rate of 5.33% is thin relative to the submarket's risk profile, particularly given the expense burden typical of older pre-war Bronx walk-up or elevator buildings with deferred maintenance exposure. Both brokers are established Friedman-Roth professionals with solid volume track records, lending credibility to the transaction process, though the buyer and seller identities remain undisclosed. Overall, this deal presents moderate-to-elevated underwriting risk driven by negative cash flow at standard leverage and a compressed cap rate in a tertiary Bronx submarket.
Seller / Landlord
Seller is undisclosed; represented by Richard Guarino of Friedman-Roth Realty, a seasoned broker with 50 deals and $289.7M in volume, indicating a well-connected and active participant in NYC multifamily dispositions.
Buyer / Tenant
Buyer is undisclosed; represented by Lynda Blumberg of Friedman-Roth Realty, who has a track record of 9 deals totaling approximately $130.2M in volume, suggesting a moderately experienced operator active in the Bronx multifamily space.
The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.
Resolve outstanding violations or liens
Active violations significantly depress the score; clearing them has high impact.
Provide sponsor financial statements
Documented liquidity and net worth reduce lender risk perception.
Submit a detailed business plan
A clear repositioning or hold strategy demonstrates deal viability.
Identify institutional co-lenders or equity partners
Reputable co-investors signal deal quality to underwriters.
Submit Growing Financial Partnerships For Over 30 Years. Get Started Deals New York Multifamily Sale 44 East 32nd Street Lynda Blumberg Of Friedman-Roth Realty Represents Buyer In Bronx Multifamily Sale For $3.89M SOLD $3,890,000 MultiFamily 71,850 SF Sold 2 weeks ago the deal players comps contact related Summary NEW YORK Asset Type: Price Per Square Foot: $54 Total Square Footage: Transaction Type: 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. See More Players All Brokers Richard Guarino 50 deals $289.7M volume BROKER Lynda Blumberg 9 deals $130.2M volume Details Deal Summary IMAGE: Richard Guarino & Lynda Blumberg DATE: 5/12/2026 ADDRESS: 1265 Walton Ave. MARKET: Bronx, NY ASSET TYPE: Multifamily BUYER'S REP: Lynda Blumberg (@LyndaBlumberg_1bx) - Friedman-Roth Realty (@FriedmanRoth) SELLER'S REP: Richard Guarino (@RichardThomas_NYC) - Friedman-Roth Realty SALE PRICE: $3,890,000 UNITS: 71 ~ PPU: $54,788 SF: 71,850 ~ PPSF: $54 NOTE FROM BROKER: Special thanks to Tracey L. Daniels, Esq and Stephen S. Siminou Esq ! Email New York | @tradedny Contact Get in touch with the broker you want Select Brokers Richard Guarino, Lynda Blumberg Name Phone (optional) Message I'm an agent These are similar buyers of MultiFamily properties in this price ra Unlock All Profiles Unlimited deal views Access investor profiles & contacts Exclusive comps & market data These are similar brokers based on this deal Top Markets for Multifamily Investment Report Fall 2025 Download Report Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map. NEW! Search No recent news available for this market No active listings available for this market Suggestions Analyze 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 SALE LOAN LEASE Purchase Price Loan-to-Value (%) Interest Rate (%) Amortization Period 30 years Loan Term 10 years Operating Income Gross Potential Rent (Annual) Vacancy Rate (%) Operating Expenses (Annual) Property Tax Insurance Maintenance Utilities Management Reserves Reset Net Operating Income (NOI) $207,466.67 Debt Service Coverage Ratio (DSCR) 0.94x DSCR below 1.0x - deal does not cover debt service Cap Rate 5.33% Cash Flow (Annual) -$13,820.34 Cash-on-Cash Return -1.27% Monthly Debt Service $18,440.58 Annual Debt Service $221,287.02 Is there something missing? Send suggestions We are telling CRE's story Traded is the #1 source for cutting edge CRE transactions & insights. States National Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming News Agents Agencies About About Us FAQ Testimonials Help Help Center Return Policy © 2026 Traded Media LLC . All rights reserved. Terms & Conditions Privacy Disclaimer Cookie Policy Do Not Sell My Info Acceptable Use