Maria D'Onofrio Sells Mixed-Use Property In Mott Haven, Bronx For $5.875M
316 East 149th Street, The Bronx, New York 10455, United States
$5,875,000
$489/SF
Building Size
12,000 SF
Asset Type
Mixed-use
Closing
Dec 16, 2021
AI
A mixed-use property located at 316-322 East 149th Street in Mott Haven, Bronx, has been sold for $5,875,000. The property spans 12,000 square feet, resulting in a price per square foot of $487.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,875,000
- Seller: Maria D'Onofrio
- Broker: Matthew Sparks - GFI Realty Services
The seller of the property was Maria D'Onofrio. Matthew Sparks from GFI Realty Services represented the seller in the transaction.
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
2.70%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93