SOLD
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
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.
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
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93