KSR Capital Acquires Retail Property In Bronx For $4.35M
4225 White Plains Road
$4,350,000
Building Size
—
Asset Type
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Closing
Apr 21, 2023
AI
An investment firm, KSR Capital, facilitated the purchase of a retail property in Bronx. The property, located at 4225 White Plains Road, spans across 17,700 square feet. The sale was successfully closed at a price of $4,350,000, indicating a price per square foot of $246. Howard Hua, the seller, completed the transaction with KSR Capital's representative, Jack Zalta.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,350,000
- Square Footage: 17,700
- Address: 4225 White Plains Road, Bronx
- Market: Bronx
KSR Capital's involvement in the deal was led by their representative, Jack Zalta. The acquisition aligns with KSR Capital's focus on value-add retail, mixed-use, development, and multi-family properties. For any future opportunities in these sectors, interested parties can contact Jack Zalta at [email protected].
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93