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
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