Prana Investment Acquires Mixed-Use Property In Bronx For $12.9M
SOLD
New York
See Similar DealsMixed-use607,140 SF
Sold 03/08/2018
SOLD
Prana Investment Acquires Mixed-Use Property In Bronx For $12.9M
2150 Creston Ave, The Bronx, NY 10453, USA
See Similar DealsMixed-use607,140 SF
Sold 03/08/2018
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:607,140 SF
Transaction Type:Sale
2150 Creston Avenue is a mixed-use property located in the Bronx, New York. The property was sold for $12,900,000, with a total area of 60,714 square feet. The price per square foot for this transaction was $212. The property consists of 54 units, with an average price per unit of $238,000.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $12,900,000
- Square Footage: 60,714
- Price Per Square Foot: $212
- Number of Units: 54
- Price Per Unit: $238,000
Prana Investment, represented by Neil McKinnon, acquired the property. Prana Investment is one of the most active buyers in the Bronx and is based in California.
Please note that PRANA, which is based in Cali, is one of the most active buyers in the Bronx.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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