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3826 Pratt Ave LLC Acquires Condo From Estate Of Armand Scardera In Bronx

Property Image
SOLD
$675,000
Menachem Babayov
Steven Westreich

New York

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Condo4,150 SF
Sold 08/18/2020
the dealplayerscompscontact
Property Image
SOLD

3826 Pratt Ave LLC Acquires Condo From Estate Of Armand Scardera In Bronx

3826 Pratt Ave, Bronx, NY, 10466

See Similar Deals
Condo4,150 SF
Sold 08/18/2020
Menachem Babayov
Steven Westreich
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$162
Total Square Footage:4,150 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 3826 Pratt Ave, Bronx, NY, 10466. It was sold for a price of $675,000.00 and spans a total area of 4,150 square feet in the Bronx market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $675,000.00
  • Address: 3826 Pratt Ave, Bronx, NY, 10466
  • Market: Bronx
  • Buyer: 3826 Pratt Ave LLC
  • Seller: Estate of Armand Scardera
  • Buyer's Representative: Steven Westreich-Westbridge Realty Group
  • Seller's Representative: Menachem Babayov-Westbridge Realty Group
  • Square Footage: 4,150

This transaction was facilitated by representatives from Westbridge Realty Group, with Steven Westreich representing the buyer, 3826 Pratt Ave LLC, and Menachem Babayov representing the seller, the estate of Armand Scardera. This highlights the involvement of a single agency in both sides of the deal.

Players

Menachem Babayov
Westbridge Realty Group
Menachem Babayov
5 deals$3.9M volume
BROKER
Steven Westreich
Westbridge Realty Group
Steven Westreich
19 deals$118.1M volume
BROKER
E
Estate
SELLER

Details

SOLD
IMAGE: 08/18/2020 ADDRESS: 3826 Pratt Ave, Bronx, NY, 10466 MARKET: Bronx ASSET TYPE: Condo BUYER'S REP: Steven Westreich-Westbridge Realty Group SELLER'S REP: Menachem Babayov-Westbridge Realty Group BUYER: 3826 Pratt Ave LLC SELLER: Estate of Armand Scardera PRICE: $675,000.00 SF: 4150

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$36,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$2,398.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,199.84
Annual Debt Service$38,398.13