GFI Realty Facilitates $19.9M Mixed-Use Sale In Westchester Village, Bronx
2501 Tratman Avenue, The Bronx, New York 10461, United States
$19,900,000
$167/SF
Building Size
118,967 SF
Asset Type
Mixed-use
Closing
May 2, 2022
AI
The mixed-use property located at 2501 Tratman Ave. in Westchester Village, Bronx has been sold for a transaction amount of $19,900,000. The property spans across 118,967 square feet, resulting in a price per square foot of $167. The sale was finalized on 05/03/2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $19,900,000
- Address: 2501 Tratman Ave.
- Market: Westchester Village, Bronx
- Square Footage: 118,967
The seller of the property was the Sacchetti Family. The sale was facilitated by brokers Moshe Gelbstein, Joseph Landau, Zachary Fuchs, and Matthew Sparks from GFI Realty.
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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93