APG Holding Acquires Property From Mega Group At 2558 Marion Ave Bronx For $600,000
SOLD
$600,000
New York
See Similar Deals4,900 SF
SOLD
APG Holding Acquires Property From Mega Group At 2558 Marion Ave Bronx For $600,000
2558 Marion Ave, Bronx, NY, 10458
See Similar Deals4,900 SF
Summary
NEW YORK
Price Per Square Foot:$122
Total Square Footage:4,900 SF
Transaction Type:Sale
The property involved in this transaction is situated at 2558 Marion Ave, Bronx, NY, 10458. It encompasses a total square footage of 4,900 and was sold for a price of $600,000. This property falls within the Bronx market.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $600,000.00
- Address: 2558 Marion Ave, Bronx, NY, 10458
- Market: Bronx
- Seller: Mega Group
- Buyer: APG Holding
- Seller's Representative: Kathy Zamechansky
Kathy Zamechansky represented the seller, Mega Group, in this transaction, facilitating the sale to buyer APG Holding. This transaction reflects a strategic initiative among the companies involved to accomplish their respective objectives within the market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$31,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,131.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,844.31
Annual Debt Service$34,131.67
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