Moses Rabinovits Acquires Mixed-Use Property In Bronx For $1.05M
725 East 214th Street, The Bronx, New York 10467, United States
$1,050,000
$227/SF
Building Size
4,625 SF
Asset Type
Mixed-use
Closing
Oct 31, 2022
AI
The mixed-use property located at 725 E 214th Street in Bronx has been sold for a total price of $1,050,000. The transaction took place on 11/01/2022. The property spans a total area of 4,625 square feet, with a price per square foot of $227.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,050,000
- Address: 725 E 214th Street
- Market: Bronx
Moses Rabinovits has purchased the property, while Mary Uzoma acted as the seller. The deal was facilitated by Jared Friedman from B6 Real Estate Advisors, who represented both parties involved in the transaction.
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93