Updated Oct 29, 2024
Corey Horowitz & Yitzi Chopp Acquire Bronx Development Site For $3.2M
270 East 169th Street, Bronx, NY 10456, USA
$3,200,000
$1,347/SF
Building Size
2,375 SF
Asset Type
Development Site
Closing
Dec 11, 2018
About this deal
AI
The development site located at 270-282 East 169th Street in Bronx was recently sold for a price of $3,200,000. The property spans across 10,000 square feet, with a price per square foot (PPSF) of $320. This sale transaction took place on December 12, 2018.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $3,200,000
- Address: 270-282 East 169th Street, Bronx
- Market: Bronx
- BSF: 10,000 sqft
- PPBSF: $320
The seller of the property was Ramon Vargas, who successfully closed the deal with the buyers Corey Horowitz and Yitzi Chopp from RW Real Estate Group. Representing the buyers in this transaction were Lukas Englert and Raphael Khojany.
On the Map
$3,200,000
$1,347/SF
Development Site
View full map
Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Lukas Rociunas Englert to view all their deals.
Browse New York development site sales on Traded.
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