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269 Columbus Avenue, Tuckah...

Zef Dedaj Acquires Mixed-use Property At 269-273 Columbus Avenue In Tuckahoe For $4.5M
FINANCEDMixed-use

Zef Dedaj Acquires Mixed-use Property At 269-273 Columbus Avenue In Tuckahoe For $4.5M

269 Columbus Avenue, Tuckahoe, NY, USA

$4,500,000

$542/SF

Building Size

8,300 SF

Asset Type

Mixed-use

Closing

Sep 9, 2021

AI

A mixed-use property located at 269-273 Columbus Avenue in Tuckahoe has been involved in a recent transaction. The property, owned by Zef Dedaj, was the subject of an acquisition loan obtained from Orange Bank & Trust Company. The loan amount for this transaction was $4,500,000.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,500,000
  • Date: 09/09/2021
  • Address: 269-273 Columbus Avenue
  • Market: Tuckahoe

The brokers involved in the deal were Zachary Fuchs and William Watkins from FIRealty. They represented the interests of the parties during the transaction.

Players

Zachary Fuchs

GFI Realty Services

Broker

$325.2M

vol

63 deals

Broker

Zef Dedaj

Landlord

$20.1M

vol

4 deals

Landlord

Tuckahoe Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93