Benzion Kohn Sells 280K SF Property On Walton Ave In Bronx For $42.5M
975 Walton Ave, Bronx, NY, 10452
$42,500,000
$151/SF
Building Size
280,000 SF
Asset Type
—
Closing
Sep 14, 2016
About this deal
AI
The property at 975 Walton Ave, Bronx, NY, 10452, was sold for $42,500,000.00 on 09/14/2016. The property spans 280,000 square feet and is located in the Bronx market.
Summary of transation details:
- Property Type: Commercial
- Transaction Amount: $42,500,000.00
- Buyer's Representative: Steven Vegh() -
- Seller: Benzion Kohn
The deal involved Benzion Kohn as the seller and Steven Vegh as the buyer's representative, facilitating the transaction for the commercial property on 975 Walton Ave in Bronx, NY.
The commercial sale at 975 Walton Ave, Bronx, NY, 10452 in Bronx, New York sold for $42.5M in 2016. The building is 280,000 square feet, implying about 151 per square foot on the published price. Steven Vegh, Benzion Kohn, Westwood Realty Associates appear on the sale alongside Westwood Realty Associates. This page is the Bronx, New York file for the 975 Walton Ave, Bronx, NY, 10452 commercial sold: pricing, party profiles, and other closed commercial comps from the same Bronx sit in the Market section below. Filter that Bronx commercial set by closing date to see what else sold near 975 Walton Ave, Bronx, NY, 10452 around 2016. Published consideration for 975 Walton Ave, Bronx, NY, 10452 is $42.5M, dated 2016. Cite this Benzion Kohn Sells 280K SF Property On Walton Ave In Bronx For $42.5M sale when underwriting similar commercial product around Bronx, New York.
Players
Bronx CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Steven Vegh to view all their deals.
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93