Phyllis 852 LLC Acquires Bronx Property From Besen & Associates For $910,000
852 E 213th St, Bronx, NY, 10467
$910,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
A transaction has taken place for a property located at 852 E 213th St, Bronx, NY, 10467, within the Bronx market. The property was sold for $910,000.00, with a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $910,000.00
- Address: 852 E 213th St, Bronx, NY, 10467
- Market: Bronx
- Buyer: Phyllis 852 LLC
- Seller: Besen & Associates
- Buyer's Representative: Matthew Slonim (Besen & Associates)
The deal involved key individuals including Phyllis 852 LLC as the buyer and Besen & Associates representing both the seller and the buyer's interests in the transaction. Matthew Slonim served as the broker representing the buyer in this arrangement.
Players
Bronx 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
17.43%
Cash-on-Cash
-4.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93