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Abe Biller Acquires Development Site On Fox St. In Foxhurst, Bronx For $2.3M

Property Image
SOLD
$2,300,000
Mark Akilov

New York

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Development Site40,736 SF
Sold 05/02/2022
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Property Image
SOLD

Abe Biller Acquires Development Site On Fox St. In Foxhurst, Bronx For $2.3M

1164 Fox Street, The Bronx, New York 10459, United States

See Similar Deals
Development Site40,736 SF
Sold 05/02/2022
Mark Akilov
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$56
Total Square Footage:40,736 SF
Transaction Type:Sale

The development site located at 1164, 1166, and 1168 Fox St. in Foxhurst, Bronx, was recently sold for a transaction amount of $2,300,000. The property spans a total of 30,100 square feet, resulting in a price per square foot of $76. The sale took place on 05/02/2022 and involved the buyer, Abe Biller, and the seller, Robert Matatov.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,300,000
  • Address: 1164, 1166 & 1168 Fox St.
  • Market: Foxhurst, Bronx
  • Seller: Robert Matatov
  • Buyer: Abe Biller
  • Brokers: Yuriy Ustoyev & Mark Akilov Esq. - Asset CRG Advisors LLC
  • BSF: 30,100
  • PPBSF: $76

The transaction was facilitated by Yuriy Ustoyev and Mark Akilov Esq., representing Asset CRG Advisors LLC as brokers for the deal. Their expertise and guidance were instrumental in bringing the buyer and seller together for this successful transaction.

Players

Mark Akilov
13 deals$19M volume(718) 412-1364
BROKER

Yuriy Ustoyev
Asset CRG Advisors
13 deals$79.3M volume
BROKER


S3 Capital
LENDER

Details

SOLD
IMAGE: Yuriy Ustoyev & Mark Akilov Esq. DATE: 05/02/2022 ADDRESS: 1164, 1166 & 1168 Fox St. MARKET: Foxhurst, Bronx ASSET TYPE: Development Site BUYER: Abe Biller SELLER: Robert Matatov BROKERS: Yuriy Ustoyev (@Yuriy_Ust) & Mark Akilov Esq. (@Mark_Akilov_Esq) - Asset CRG Advisors LLC (@AssetCRG) SALE PRICE: $2,300,000 BSF: 30,100 ~ PPBSF: $76

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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