S6 Management Acquires Mixed-Use Asset In Bronx From The Almanza Family
1345 Edward L. Grant Highway, Bronx, NY 10452
$552,500
$251/SF
Building Size
2,200 SF
Asset Type
Mixed-use
Closing
Aug 4, 2020
About this deal
AI
A mixed-use property located at 1345 Edward L. Grant Highway in Bronx has been sold. The property, spanning an area of 2,200 square feet, was sold for a price of $552,500. The sale price per square foot was $251. The property consists of three units, and the price per unit was approximately $184,166.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $552,500
- Address: 1345 Edward L. Grant Highway
- Market: Bronx
- Units: 3
- Price per Unit: $184,166
- Square Footage: 2,200
- Price per Square Foot: $251
The buyer of the property is S6 Management, represented by Shalev Shoshani and Shavit Shoshani. The seller is The Almanza Family. The sale transaction was facilitated by Mia Abdouh from RMFriedland.
On the Map
$552,500
$251/SF
Mixed-use
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Players
New York 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
28.71%
Cash-on-Cash
-8.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93