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.
On the Map
$910,000
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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