Sharon De Jesus Acquires Mixed-Use Property In Pelham Bay, Bronx For $1.125M
3182 East Tremont Avenue, The Bronx, NY, USA
$1,125,000
$346/SF
Building Size
3,250 SF
Asset Type
Mixed-use
Closing
Dec 6, 2018
About this deal
AI
Located in the Pelham Bay neighborhood of the Bronx, the mixed-use property at 3182 East Tremont Avenue has recently been sold. The transaction took place on December 7, 2018, with a sale price of $1,125,000. The property boasts a total square footage of 3,250, resulting in a price per square foot of $346. This sale represents a significant deal in the market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,125,000
- Address: 3182 East Tremont Avenue
- Market: Pelham Bay, Bronx
- Square Footage: 3,250
Leading the deal were brokers Michael Fioravanti, Addison Berniker, Josh Neustadter, and Jon Squires from CushWake. The seller of the property was Bruce Pepchinski, while the buyer was Sharon De Jesus. These individuals played key roles in facilitating this successful transaction.
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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93