Altmark Group Acquires Mixed-Use Property From BNS Real Estate For $1.8M In Bronx
129 Alexander Avenue
$1,800,000
$215/SF
Building Size
8,350 SF
Asset Type
Mixed-use
Closing
Oct 7, 2026
About this deal
AI
The mixed-use property located at 129 Alexander Avenue in the Bronx was sold for $1,800,000. The total square footage of the asset is 8,350, which translates to a price per square foot of $215.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,800,000
- Address: 129 Alexander Avenue
- Market: Bronx
- Buyer: Altmark Group
- Seller: BNS Real Estate
- Brokers: Jonathan Squires, Josh Neustadter & Austin Weiner - Cushman & Wakefield
The transaction involved key representatives from Cushman & Wakefield, specifically Jonathan Squires, Josh Neustadter, and Austin Weiner, who facilitated the sale between the buyer, Altmark Group, and the seller, BNS Real Estate.
On the Map
$1,800,000
$215/SF
Mixed-use
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Bronx Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93