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101 East Kingsbridge Road

Mosses Freun Acquires Development Site In Bronx From Kim Ju For $4.2 Million
SOLDDevelopment Site

Mosses Freun Acquires Development Site In Bronx From Kim Ju For $4.2 Million

101 East Kingsbridge Road

$4,200,000

$708/SF

Building Size

5,928 SF

Asset Type

Development Site

Closing

Jan 24, 2025

AI

The property involved in this transaction is a development site located at 101 East Kingsbridge Road in the Bronx. The sale price for this asset is $4,200,000, with a square footage of 5,928 and a price per square foot of $708. The building has a total building square footage of 35,687, translating to a price per building square foot of $118.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $4,200,000
  • Buyer: Mosses Freun
  • Seller: Kim Ju
  • Broker: Eddie Hila - Hillstone Properties NY
  • Square Footage: 5,928
  • Price per Square Foot: $708
  • Building Square Footage: 35,687
  • Price per Building Square Foot: $118

The transaction was facilitated by Eddie Hila, representing Hillstone Properties NY. Those interested in development opportunities can reach out to Eddie Hila at +1 (347) 444-6487 or via email at [email protected].

Players

Eduard Hila

Hillstone Properties NY

Broker

$34M

vol

11 deals

Broker

Bronx Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93