Melrose Realty Group Acquires Mixed-Use Property On Melrose Avenue, New York
SOLD
New York
See Similar DealsMixed-use125,860 SF
Sold 05/10/2018
SOLD
Melrose Realty Group Acquires Mixed-Use Property On Melrose Avenue, New York
769 Melrose Ave, The Bronx, NY 10451, USA
See Similar DealsMixed-use125,860 SF
Sold 05/10/2018
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:125,860 SF
Transaction Type:Sale
The property located at 769 Melrose Avenue in New York's Bronx market has recently been sold. The mixed-use asset spans a total of 12,586 square feet and comprises 14 units. The transaction took place on May 10, 2018, with a selling price of $2,450,000, resulting in a price per square foot of $194.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $2,450,000
- Square Footage: 12,586 sf
- Price Per Square Foot: $194
- Units: 14
The seller of the property was Shawki Tareb, while the buyer was Melrose Realty Group, represented by Robert Yakubov. The transaction was facilitated by broker Capital Property Partners, with Michael Saidian representing the agency.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions