Sean Coakley Acquires Industrial Property In Bronx From Dominic Valente For $1.5M
SOLD
$1,500,000
New York
See Similar DealsIndustrial7,011 SF
Sold 07/28/2021
SOLD
Sean Coakley Acquires Industrial Property In Bronx From Dominic Valente For $1.5M
715 East 136th Street, Bronx, NY, USA
See Similar DealsIndustrial7,011 SF
Sold 07/28/2021
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$213
Total Square Footage:7,011 SF
Transaction Type:Sale
The industrial property located at 715 East 136th Street and 734 East 137th Street in Bronx was recently sold for a transaction amount of $1,500,000. The property spans a total of 7,011 square feet, resulting in a price per square foot of $213. The sale took place on July 28, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,500,000
- Address: 715 East 136th Street & 734 East 137th Street
- Market: Bronx
The buyer of the property is Sean Coakley, while the seller is Dominic Valente. The transaction was facilitated by brokers Josh Neustadter and Jonathan Squires from CushWake.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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