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Donna Shavolian Acquires Mixed Use Property In Tremont,Bronx For $4M

Property Image
SOLD
$4,000,000

New York

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Mixed-use9,764 SF
Sold 10/29/2021
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Property Image
SOLD

Donna Shavolian Acquires Mixed Use Property In Tremont,Bronx For $4M

601 East Tremont Avenue, Tremont, Bronx, NY, USA

See Similar Deals
Mixed-use9,764 SF
Sold 10/29/2021
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$409
Total Square Footage:9,764 SF
Transaction Type:Sale

The mixed-use property located at 601 East Tremont Avenue in Tremont, Bronx has been sold for $4,000,000. The property encompasses a total building area of 23,750 square feet, resulting in a price per square foot of $168. The overall square footage of the property is 9,764, translating to a price per square foot of $410. The lot size is 4,750 square feet, with dimensions measuring 131.33 ft x 559 ft. The property falls under zoning classification C4-5X and has a floor area ratio (FAR) of 2.06. The previous sale of the property occurred on December 4, 2009, for $0. The property is currently classified under tax class 4.

Summary of transaction details

  • Property Type: Mixed Use
  • Transaction Amount: $4,000,000
  • Market: Tremont, Bronx
  • Zoning: C4-5X
  • Buyer: Donna Shavolian
  • Seller: Darren S Berger

Donna Shavolian served as the buyer in this transaction, while Darren S Berger acted as the seller.

Players

2 deals$10.2M volume
BUYER

Details

SOLD
IMAGE: 10/29/2021 ADDRESS: 601 East Tremont Avenue MARKET: Tremont,Bronx ASSET TYPE: Mixed Use ~ ZONING: C4-5X BUYER: Donna Shavolian SELLER: Darren S Berger PRICE: $4,000,000 BSF: 23,750 ~ PPBSF: $168 SF: 9,764 ~ PPSF: $410 FAR: 2.06 TAX CLASS: 4 LOT SIZE: 4,750 LAST SALE PRICE: $0 (12/4/2009) LOT DIMENSION: 131.33 ft x 559 ft

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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