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245 Mcclellan Street

Mixed-Use Property Sold In Bronx For $1.85M With Marcus & Millichap Brokers
SOLDMixed-use

Mixed-Use Property Sold In Bronx For $1.85M With Marcus & Millichap Brokers

245 Mcclellan Street

$1,850,000

$254/SF

Building Size

7,264 SF

Asset Type

Mixed-use

Closing

Jan 12, 2026

AI

The asset involved in this transaction is a mixed-use property located at 245 McClellan Street in the Bronx. The transaction occurred at a price of $1,850,000, with a total square footage of 7,264, resulting in a price per square foot of $254.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,850,000
  • Address: 245 McClellan Street
  • Market: Bronx
  • Square Footage: 7,264
  • Price Per Square Foot: $254

The transaction was facilitated by brokers Seth Glasser, Michael (Mike) Fusco, Benjamin Myerow, and Christopher Mehran, all representing Marcus & Millichap in this deal.

Players

Michael Fusco

Marcus & Millichap

Broker

$576.1M

vol

88 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Bronx 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

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93