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3916-3918 White Plains Road

Updated Sep 9, 2024

Ron Kandov Acquires Mixed-Use Property On White Plains Road In East Bronx For $865K
SOLDMixed-use

Ron Kandov Acquires Mixed-Use Property On White Plains Road In East Bronx For $865K

3916-3918 White Plains Road

$865,000

$266/SF

Building Size

3,250 SF

Asset Type

Mixed-use

Closing

Jul 18, 2023

About this deal

AI

A mixed-use property located at 3916-3918 White Plains Road in East Bronx has been sold for a price of $865,000. The property spans 3,250 square feet, resulting in a price per square foot of $266.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $865,000
  • Address: 3916-3918 White Plains Road, East Bronx
  • Square Footage: 3,250
  • Price per Square Foot: $266

Ron Kandov has purchased the property from Lisa Munroe. The transaction was facilitated by Matthew Barbaccia of Brix Real Estate Advisors, acting as the broker representing both the buyer and the seller.

Players

Matthew Barbaccia

Brix Real Estate Advisors

Broker

$71.1M

vol

30 deals

Broker

Market Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $266 per square foot on a published $865K for 3,250 square feet (2023).

Visit Matthew Barbaccia to view all their deals.

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.34%

Cash-on-Cash

-5.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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