Les Lerner Sells Mixed-Use Asset At 531 West 235th Street In Riverdale For $4.75M
531 West 235th Street
$4,750,000
$378/SF
Building Size
12,541 SF
Asset Type
Mixed-use
Closing
Dec 12, 2024
About this deal
AI
The property asset involved in the transaction is a mixed-use building located at 531 West 235th Street in the Riverdale market. The sale price is $4,750,000, with a total square footage of 12,541 and a price per square foot of $378.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,750,000
- Address: 531 West 235th Street
- Market: Riverdale
- Seller: Les Lerner
- Broker: Samia Farah - KSR
- Square Footage: 12,541
- Price per Square Foot: $378
The key individuals involved in the transaction include the seller, Les Lerner, and the broker representing the deal, Samia Farah from KSR. They played significant roles in finalizing the sale of the mixed-use property in the specified market.
On the Map
$4,750,000
$378/SF
Mixed-use
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Players
Bronx 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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93