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3826 Pratt Ave, Bronx, NY, ...

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

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

3826 Pratt Ave, Bronx, NY, 10466

$675,000

$162/SF

Building Size

4,150 SF

Asset Type

Condo

Closing

Aug 18, 2020

AI

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

Broker

$3.9M

vol

5 deals

Broker
E
EstateSeller

Bronx Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

23.50%

Cash-on-Cash

-6.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93