Klosed Properties Acquires Mixed-Use Property In Bronx For $6.2M
548 East 183rd Street, Bronx, NY 10458
$6,200,000
$277/SF
Building Size
22,353 SF
Asset Type
Mixed-use
Closing
Jun 24, 2020
AI
The mixed-use property located at 548 East 183rd Street in the Bronx has been sold for $6,200,000. The transaction took place on June 24, 2021. Spanning across 22,353 square feet, the property was sold at a price of $277 per square foot.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $6,200,000
- Date: 06/24/2021
- Address: 548 East 183rd Street
- Market: Bronx
- SF: 22,353
- PPSF: $277
The buyer of the property is @KlosedProperties represented by Steven Kachanian and Adam Hajibai. The seller is Oren Evenhar. Jason Au acted as the mortgage broker in this deal.
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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93