Updated Dec 18, 2023
Brent Lloulia Acquires Commercial Property In Port Morris, Bronx For $6.85M
907 East 141st Street, The Bronx, New York 10454, United States
$6,850,000
$404/SF
Building Size
16,950 SF
Asset Type
Commercial
Closing
Feb 3, 2022
About this deal
AI
A commercial property located at 907 East 141st Street in Port Morris, Bronx has been sold for $6,850,000. The property has a building square footage (BSF) of 30,000 with a price per BSF of $228. The total square footage (SF) is 16,950, and the price per SF is $404. The property has a floor area ratio (FAR) of 1.13, and it falls under tax class 4. The lot size is 15,000 square feet, and it has dimensions of 150 ft x 100 ft. The property's zoning is M3-1. An alteration permit was issued on 02/15/2018.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $6,850,000
- Buyer: Brent Lloulia
- Seller: Brad Mattes
- Market: Port Morris, Bronx
Brent Lloulia represented by their broker agency played a key role in this transaction.
Players
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Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93