Mixed-Use Property Sold In Bronx For $1.85M With Marcus & Millichap Brokers
SOLD
$1,850,000
+ 1
New York
See Similar DealsMixed-use7,264 SF
Sold
SOLD
Mixed-Use Property Sold In Bronx For $1.85M With Marcus & Millichap Brokers
245 Mcclellan Street
See Similar DealsMixed-use7,264 SF
Sold
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$254
Total Square Footage:7264 SF
Transaction Type:Sale
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
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$98,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,572.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,769.94
Annual Debt Service$105,239.33
Is there something missing? Send suggestions