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2355 Beaumont Avenue, Bronx...

Anthony Gazivoda Acquires Mixed-Use Property On Beaumont Avenue In Belmont For $7.75M
SOLDMixed-use

Anthony Gazivoda Acquires Mixed-Use Property On Beaumont Avenue In Belmont For $7.75M

2355 Beaumont Avenue, Bronx, NY 10458, USA

$7,750,000

$141/SF

Building Size

54,635 SF

Asset Type

Mixed-use

Closing

Dec 7, 2021

AI

The mixed-use property located at 2355 Beaumont Avenue in Belmont has been sold for a price of $7,750,000. Spanning across 54,635 square feet, this property offers a diverse range of uses. The zoning for this property includes R7-1, R6, and C1-4.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,750,000
  • Address: 2355 Beaumont Avenue
  • Market: Belmont
  • Zoning: R7-1, R6, C1-4

The buyer of this property is Anthony Gazivoda, while the seller is The Locascio Family. The transaction was facilitated by the brokerage team of Marco Lala, David Raciti, Jack Lala, and Michelle Lala from Team Lala, representing RM Friedland.

This sale marks an important milestone for the property market in Belmont. The involvement of the Lala team, along with their collaborative efforts and expertise, contributed to the successful completion of this transaction.

Players

Jack Lala

RM Friedland

Broker

$107.1M

vol

11 deals

Broker
GR
Gazivoda RealtyBuyer

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

2.05%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93