Alpha Realty Brokers Lev Mavashev & Yehuda Leser Facilitate $7M Package Deal Sale In Bronx
505 East 178th Street, The Bronx, New York 10457, United States
$3,800,000
$102/SF
Building Size
37,206 SF
Asset Type
—
Closing
Feb 14, 2022
About this deal
AI
Lev Mavashev and Yehuda Leser of Alpha Realty represented the seller, Michael Toikach, in a package deal property transaction in the Bronx. The property, located at 505 East 178th Street and 4303 Baychester Avenue, was sold for a total of $7,000,000. With a total square footage of 37,206, the price per square foot comes out to be $188.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $7,000,000
- Address: 505 East 178th Street & 4303 Baychester Avenue
- Market: Bronx
- Brokers: Lev Mavashev & Yehuda Leser - Alpha Realty
Lev Mavashev and Yehuda Leser, representing Alpha Realty, successfully facilitated this transaction, demonstrating their expertise in the real estate market. The deal was completed on February 22, 2022, showcasing their commitment to meeting their clients' needs.
On the Map
$3,800,000
$102/SF
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Players
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Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93