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1077 Intervale Avenue

Updated Nov 11, 2026

1077 Intervale Avenue
SOLDDevelopment Site

1077 Intervale Avenue

1077 Intervale Avenue

$1,850,000

Building Size

—

Asset Type

Development Site

Closing

Oct 29, 2026

About this deal

AI

The property asset involved in this transaction is a development site located at 1077 Intervale Avenue in the Foxhurst neighborhood of Bronx. The sale price for this asset was $1,850,000, featuring a building square footage (BSF) of 10,992 and a price per building square foot (PPBSF) of $168.

Summary of transaction details:

This transaction involved key individuals, with Jared Friedman representing the seller, Jose Rivera, showcasing the brokerage's role in facilitating the deal. The Ausch Family acquired the property from Jose Rivera through this transaction.

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$1,850,000

Development Site

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Players

Jared Friedman

Investment Property Realty Group (IPRG)

Broker

$55.7M

vol

37 deals

Broker
Ausch Family
Ausch FamilyBuyer
Jose Rivera

Jose Rivera

Seller

$3.9M

vol

2 deals

Seller
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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

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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