facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

All

/

Sale

/

3629 White Plains Rd, The B...

Updated Oct 29, 2024

Cactus Holdings, 101 Holdings, And Agus Holdings Acquire Retail Condo On White Plains Rd In The Bronx For $3.025M
SOLD

Cactus Holdings, 101 Holdings, And Agus Holdings Acquire Retail Condo On White Plains Rd In The Bronx For $3.025M

3629 White Plains Rd, The Bronx, NY 10467, USA

$3,025,000

$191/SF

Building Size

15,800 SF

Asset Type

Closing

Aug 21, 2018

About this deal

AI

Daniel Fromm of Newmark Knight Frank represented the buyers in the sale of a retail condo located at 3629 White Plains Rd in the Bronx, New York. The property, with a total square footage of 15,800, was acquired by Cactus Holdings, 101 Holdings, and Agus Holdings for a price of $3,025,000, resulting in a price per square foot of $191.

Summary of transation details

  • Property Type: Retail Condo
  • Transaction Amount: $3,025,000
  • Square Footage: 15,800
  • Price per Square Foot: $191
  • Address: 3629 White Plains Rd
  • Market: Bronx
  • City: New York

The sellers of the property were Arker Companies, and their retail condo was successfully sold to the buyers represented by Daniel Fromm of Newmark Knight Frank. The transaction highlights the ongoing activity in the Bronx market, with strong interest and investment in retail properties.

Players

Daniel Fromm

Newmark

Broker

$5.3B

vol

82 deals

Broker
Agus Holdings
Agus HoldingsBuyer
AC
Arker CompaniesSeller

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Deal FAQ

About $191 per square foot on a published $3M for 15,800 square feet (2018).

Visit Daniel Fromm to view all their deals.

Browse New York sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.24%

Cash-on-Cash

-1.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets