facebook
Traded Co logo
Submit

Tomer Vaknin Purchases Development Site At 2260 Morris Avenue Bronx For $3.375M

Property Image
SOLD
$3,375,000
Giancarlo Cugini
Karl Brumback

New York

See Similar Deals
Development Site6,068 SF
Sold 01/03/2025
the dealplayerscompscontact
Property Image
SOLD

Tomer Vaknin Purchases Development Site At 2260 Morris Avenue Bronx For $3.375M

2260 Morris Avenue

See Similar Deals
Development Site6,068 SF
Sold 01/03/2025
Giancarlo Cugini
Karl Brumback
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$556
Total Square Footage:6,068 SF
Transaction Type:Sale

The transaction involves a development site located at 2260 Morris Avenue in the Bronx market. The sale price was $3,375,000, with a built square footage (BSF) of 36,710 and a price per built square foot (PPBSF) of $91. The property has a total square footage (SF) of 6,068 and a price per square foot (PPSF) of $556.

Summary of transaction details:

Giancarlo Cugini and Karl Brumback represent JLL in this transaction. The deal involves a transfer of ownership from RW Real Estate Group to Tomer Vaknin, highlighting the involvement of these professionals in facilitating the agreement between the buyer and seller.

Players

Karl Brumback
JLL
Karl Brumback
25 deals$388.3M volume(917) 509-9660
BROKER
Giancarlo Cugini
JLL
Giancarlo Cugini
18 deals$126M volume(914) 552-6403
BROKER

Details

SOLD
IMAGE: Giancarlo Cugini & Karl Brumback DATE: 01/03/2025 ADDRESS: 2260 Morris Avenue MARKET: Bronx ASSET TYPE: Development Site BUYER: Tomer Vaknin SELLER: RW Real Estate Group BROKERS: Giancarlo Cugini & Karl Brumback - JLL SALE PRICE: $3,375,000 BSF: 36,710 ~ PPBSF: $91 SF: 6,068 ~ PPSF: $556

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$180,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,990.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,999.22
Annual Debt Service$191,990.66