Moshe Fridman Acquires Mixed-Use Property In Bronx For $3.25M
2383 Washington Avenue, Bronx, NY, USA
$3,250,000
$159/SF
Building Size
20,352 SF
Asset Type
Mixed-use
Closing
Nov 29, 2020
About this deal
AI
A mixed-use property located at 2383 Washington Avenue in the Bronx was recently sold for $3,250,000. The property spans a total of 20,352 square feet, resulting in a price per square foot of $159. The transaction took place on November 30, 2020 and involved the buyer, Moshe Fridman, and the seller, Anton Camaj.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,250,000
- Address: 2383 Washington Avenue, Bronx
- Square Footage: 20,352
- Price per Square Foot: $159
- Market: Bronx
The deal was facilitated by brokers Lev Mavashev from @Lev_Mavashev and Yehuda Leser from @Alpha_Realty_NY. They represented the respective sides, ensuring a smooth transaction process.
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93