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4225 White Plains Road

KSR Capital Acquires Retail Property In Bronx For $4.35M
SOLD

KSR Capital Acquires Retail Property In Bronx For $4.35M

4225 White Plains Road

$4,350,000

Building Size

Asset Type

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

Jack Zalta

KSR Capital

Buyer

$173.6M

vol

23 deals

Buyer

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

3.65%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93