Atlas Realty Group Partners LLC Acquires Special Purpose Property In Claremont For $11.25M
1732 Webster Avenue, The Bronx, New York 10457, United States
$11,250,000
$644/SF
Building Size
17,458 SF
Asset Type
—
Closing
Mar 15, 2022
About this deal
AI
An special purpose property located at 1732 Webster Ave in Claremont has been sold for a total of $11,250,000. The property spans over 17,458 square feet, resulting in a price per square foot of $644.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Amount: $11,250,000
- Square Footage: 17,458
- Price per Square Foot: $644
- Address: 1732 Webster Ave
- Market: Claremont
The deal was facilitated by Yosef Katz, Erik Yankelovich, and Shlomo Antebi, who represented the buyer and the seller in the transaction. They are affiliated with Atlas Realty Group Partners LLC.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.41%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93