Steve Westreich & Abe Jemal Acquire Development Site In Bronx For $1.95M
SOLD
$1,950,000
New York
See Similar DealsDevelopment Site4,322 SF
Sold 09/16/2022
SOLD
Steve Westreich & Abe Jemal Acquire Development Site In Bronx For $1.95M
2081 Anthony Avenue, The Bronx, New York 10457, United States
See Similar DealsDevelopment Site4,322 SF
Sold 09/16/2022
Summary
NEW YORK
Asset Type:Development Site
Price Per Square Foot:$451
Total Square Footage:4,322 SF
Transaction Type:Sale
A development site located at 2081 Anthony Ave in the Bronx has been sold for $1,950,000. The property spans 4,322 square feet, resulting in a price per square foot of $451. The sale was finalized on 09/16/2022.
Summary of transaction details:
- Property Type: Development site
- Transaction Amount: $1,950,000
- Address: 2081 Anthony Ave
- Market: Bronx
The buyers of the property are Steve Westreich and Abe Jemal, while the seller is Harold Jack Mentor. The deal was facilitated by Ronald Alexander Echavarria from RE/MAX, who represented both the buyer and seller in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
Is there something missing? Send suggestions