Zef Dedaj Acquires Mixed-use Property On Columbus Ave For $8M
273 Columbus Avenue, New York, NY 10023, USA
$8,000,000
$229/SF
Building Size
34,888 SF
Asset Type
Mixed-use
Closing
Sep 9, 2021
About this deal
AI
Located at 269-273 Columbus Ave in Southern Westchester, this mixed-use property has recently been sold. The transaction took place on 09/09/2021 and was documented by Valon Nikci in an Instagram post. The property spans across 34,888 square feet and was purchased for a record-breaking sale price of $8,000,000, resulting in a price per square foot of $229.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,000,000
- Date: 09/09/2021
- Address: 269-273 Columbus Ave, Southern Westchester
- Market: Southern Westchester
Zef Dedaj was the buyer in this transaction, while John Curreri acted as the seller. Valon Nikci, from Link NY Realty, represented the buyer as their broker. This sale marks a significant milestone in the local real estate market.
On the Map
$8,000,000
$229/SF
Mixed-use
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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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93