Daniel Gabay Sells Foxhurst Development Site On Fox Street For $3.2M With Jonathan Squires & Michael Fioravanti
1107 Fox St, The Bronx, NY 10459, Estados Unidos
$3,200,000
$7/SF
Building Size
446,990 SF
Asset Type
Development Site
Closing
Oct 15, 2020
AI
A development site located at 1107-1111 Fox Street in Foxhurst, Bronx, has been sold for a price of $3,200,000. The property has a total buildable square footage (BSF) of 44,699 and a price per buildable square foot (PPBSF) of $71. The seller of the property is Daniel Gabay.
Summary of transaction details
- Property Type: Development site
- Transaction Amount: $3,200,000
- Address: 1107-1111 Fox Street, Foxhurst, Bronx
- Market: Foxhurst, Bronx
- Zoning: R7-1
The buyer of the property was not disclosed in the information provided. The transaction was facilitated by brokers Jonathan Squires and Michael Fioravanti from Team Shapiro Investment Sales and Cushman & Wakefield, respectively.
Players
New York 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93