Bronx Package Deal Sold For $9.65M With Alpha Realty Brokers Lev Mavashev & Yehuda Leser
SOLD
$9,650,000
New York
See Similar Deals68,592 SF
Sold 12/23/2021
SOLD
Bronx Package Deal Sold For $9.65M With Alpha Realty Brokers Lev Mavashev & Yehuda Leser
1124 Stratford Avenue, Bronx, NY 10472
See Similar Deals68,592 SF
Sold 12/23/2021
Summary
NEW YORK
Price Per Square Foot:$140
Total Square Footage:68,592 SF
Transaction Type:Sale
The package deal at 1124 Stratford Ave. & 643 Southern Blvd. in Bronx has been sold for $9,650,000. The transaction took place on December 23, 2021. The property spans approximately 68,592 square feet, resulting in a price per square foot of $140. The seller of this package deal was The Kawit Family.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $9,650,000
- Address: 1124 Stratford Ave. & 643 Southern Blvd., Bronx
- Market: Bronx
- Square Footage: 68,592
- Price per Square Foot: $140
The brokerage representation for this sale was provided by Lev Mavashev and Yehuda Leser of Alpha Realty.
Players
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)
$514,666.68
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,284.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,745.92
Annual Debt Service$548,951.08
Is there something missing? Send suggestions