Arthur Gabriel Acquires Other Residential Property In Mott Haven, Bronx For $3.25M
575 East 137th Street, The Bronx, New York 10454, United States
$3,250,000
$295,454/SF
Building Size
11 SF
Asset Type
Co-Op
Closing
Jan 12, 2022
AI
The property located at 575 East 137th Street in Mott Haven, Bronx has been sold. The asset is categorized as Other Residential and falls under the zoning R6, C1-4. The property spans a lot size of 2,500 square feet with dimensions measuring 25 ft x 100 ft. It consists of a total square footage of 11,870, with a building square footage of 6,073. The sale took place on December 1, 2022, and the property was sold for a price of $3,250,000. The price per building square footage is $535, and the price per square footage is $273. The floor area ratio (FAR) is 4.75, and the property is classified under tax class 2. The permits for alteration 2 were issued on June 28, 2019.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $3,250,000
- Market: Mott Haven, Bronx
- Buyer: Arthur Gabriel
- Seller: James Thomson
- Building Square Footage: 6,073
- Price per Building Square Footage: $535
- Total Square Footage: 11,870
- Price per Square Footage: $273
- Lot Size: 2,500 square feet
- Zoning: R6, C1-4
- Permits: Alteration 2 (06/28/2019)
- Lot Dimensions: 25 ft x 100 ft
The buyer in this transaction is Arthur Gabriel, while the seller is James Thomson. No additional information is available about the deal's key individuals or companies.
Players
Bronx Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93