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273 Columbus Avenue, New Yo...

Zef Dedaj Acquires Mixed-use Property On Columbus Ave For $8M
SOLDMixed-use

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

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.

Players

Valon Nikci

Link NY Realty

Broker

$30.7M

vol

8 deals

Broker

Zef Dedaj

Buyer

$20.1M

vol

4 deals

Buyer

John J. Curreri

Seller

$56.3M

vol

9 deals

Seller

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