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Edward Cohen Acquires Commercial Properties In Fordham, Bronx For $9.85M

Property Image
SOLD
$9,850,000

New York

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Commercial24,329 SF
Sold 05/10/2022
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Property Image
SOLD

Edward Cohen Acquires Commercial Properties In Fordham, Bronx For $9.85M

2062 Morris Avenue, The Bronx, New York 10453, United States

See Similar Deals
Commercial24,329 SF
Sold 05/10/2022
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$404
Total Square Footage:24,329 SF
Transaction Type:Sale

A commercial property transaction took place in the Fordham neighborhood of Bronx. The property is located at 103-109 East Burnside Avenue, 2056 Morris Avenue, and 2062 Morris Avenue. It has a total building square footage (BSF) of 64,667 and a price per square foot (PPSF) of $152. The total square footage (SF) of the property is 24,329, with a price per square foot (PPSF) of $404. The property falls under zoning designations R8, C4-4D, and J.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $9,850,000
  • Address: 103-109 East Burnside Avenue, 2056 Morris Avenue, and 2062 Morris Avenue
  • Market: Fordham, Bronx
  • Zoning: R8, C4-4D, J
  • BSF: 64,667
  • PPSF: $152
  • SF: 24,329
  • PPSF: $404

Edward Cohen successfully acquired the property from Justin B Kleinman for a total price of $9,850,000. Edward Cohen acted as the buyer in this transaction, while Justin B Kleinman acted as the seller.

Players

9 deals$20.2M volume
BUYER

JK
2 deals$92.4M volume
SELLER

Details

SOLD
IMAGE: 05/10/2022 ADDRESS: 103-109 East Burnside Avenue, 2056 Morris Avenue & 2062 Morris Avenue MARKET: Fordham, Bronx ASSET TYPE: Commercial ~ ZONING: R8, C4-4D, J BUYER: Edward Cohen SELLER: Justin B Kleinman PRICE: $9,850,000 BSF: 64,667 ~ PPBSF: $152 SF: 24,329 ~ PPSF: $404

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Debt Service Coverage Ratio (DSCR)

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