Zef Dedaj Acquires Mixed-use Property On Columbus Ave For $8M
SOLD
New York
See Similar DealsMixed-use34,888 SF
Sold 09/09/2021
SOLD
Zef Dedaj Acquires Mixed-use Property On Columbus Ave For $8M
273 Columbus Avenue, New York, NY 10023, USA
See Similar DealsMixed-use34,888 SF
Sold 09/09/2021
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$229
Total Square Footage:34,888 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$426,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98
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