Benzion Kohn Sells 280K SF Property On Walton Ave In Bronx For $42.5M
SOLD
$42,500,000
New York
See Similar Deals280,000 SF
Sold 09/14/2016
SOLD
Benzion Kohn Sells 280K SF Property On Walton Ave In Bronx For $42.5M
975 Walton Ave, Bronx, NY, 10452
See Similar Deals280,000 SF
Sold 09/14/2016
Summary
NEW YORK
Price Per Square Foot:$151
Total Square Footage:280,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$150,993.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$201,471.68
Annual Debt Service$2,417,660.19
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