facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Commercial

/

Sale

/

2805 Third Avenue, The Bron...

Updated Dec 21, 2023

Jeffrey Plate Acquires Commercial Property In Mott Haven, Bronx For $3.2M
SOLDCommercial

Jeffrey Plate Acquires Commercial Property In Mott Haven, Bronx For $3.2M

2805 Third Avenue, The Bronx, New York 10455, United States

$3,200,000

$675/SF

Building Size

4,740 SF

Asset Type

Commercial

Closing

Oct 28, 2021

About this deal

AI

The commercial property located at 2805 3rd Avenue in Mott Haven, Bronx has been sold. The transaction took place on October 29, 2021. The property is zoned as R6 and C2-4, allowing for various commercial uses. The buyer of the property is Jeffrey Plate, while James B. Ross is the seller. The sale price for the property is $3,200,000.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: $3,200,000
  • Building Square Footage (BSF): 12,123
  • Price per Building Square Foot (PPBSF): $263
  • Lot Size: 4,989 square feet
  • Square Footage (SF): 4,740
  • Price per Square Foot (PPSF): $675
  • Floor Area Ratio (FAR): 0.95
  • Tax Class: 4
  • Permits: Alteration (12/28/2021)
  • Lot Dimension: 83.42 ft x 69.36 ft

The property has a lot size of 4,989 square feet and a building square footage of 12,123. The price per building square foot is $263, while the price per square foot is $675. The property has a floor area ratio (FAR) of 0.95 and falls under tax class 4. Alteration permits were issued on December 28, 2021. The lot dimension measures 83.42 ft x 69.36 ft.

Please note that no additional information is available regarding financing, tenants, or any other transactions related to this property.

Players

New York Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Deal FAQ

About $675 per square foot on a published $3.2M for 4,740 square feet (2021).

Browse New York commercial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets