Updated Oct 28, 2024
Chestnut Holdings Acquires Retail Property In Mount Eden For $4.15M
101 East Mount Eden Avenue, The Bronx, New York 10452, United States
$4,150,000
$681/SF
Building Size
6,094 SF
Asset Type
Commercial
Closing
May 8, 2022
About this deal
AI
The retail property located at 101 E. Mt Eden Ave. in Mount Eden has been sold for a total price of $4,150,000. The property spans 6,125 square feet, resulting in a price per square foot of $677. This transaction was completed on 05/09/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,150,000
- Square Footage: 6,125
- Price per Square Foot: $677
- Address: 101 E. Mt Eden Ave.
- Market: Mount Eden
The buyer of the property is Chestnut Holdings, and the deal was facilitated by David Simone from Concourse Realty.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93