Samuel Echezona Acquires Mixed-Use Property In Mott Haven, Bronx For $1.85M
SOLD
$1,850,000
New York
See Similar DealsMixed-use5,120 SF
Sold 01/20/2022
SOLD
Samuel Echezona Acquires Mixed-Use Property In Mott Haven, Bronx For $1.85M
51 Bruckner Boulevard, Bronx, NY 10454
See Similar DealsMixed-use5,120 SF
Sold 01/20/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$361
Total Square Footage:5,120 SF
Transaction Type:Sale
Located in Mott Haven, Bronx, the mixed-use property at 51 Bruckner Boulevard has been sold in a closed transaction. The asset, consisting of 5,120 square feet, was acquired by Samuel Echezona for a sale price of $1,850,000. With a price per square foot of $361, this property offers a great investment opportunity. The transaction was facilitated by the seller, Arkadia Property Group, and the buyer was represented by Mitchel Flaherty from B6 Real Estate Advisors.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,850,000
- Address: 51 Bruckner Boulevard
- Market: Mott Haven, Bronx
This closed transaction showcases the commitment of both the buyer, Samuel Echezona, and the seller, Arkadia Property Group, in the real estate market. The involvement of Mitchel Flaherty, a broker from B6 Real Estate Advisors, further exemplifies the expertise and professional representation in the deal.
Players
BROKERAGE
SELLER
Details
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$98,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,572.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,769.94
Annual Debt Service$105,239.33
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