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100 West Park Avenue

Mixed-Use Property At 100 West Park Avenue Sold For $3.5 Million With Anthony M Ponte As Seller's Rep
SOLDMixed-use

Mixed-Use Property At 100 West Park Avenue Sold For $3.5 Million With Anthony M Ponte As Seller's Rep

100 West Park Avenue

$3,500,000

$233/SF

Building Size

15,000 SF

Asset Type

Mixed-use

Closing

Apr 9, 2025

AI

This mixed-use property at 100 West Park Avenue in Long Beach has a total square footage of 15,000. The sale price for this asset was $3,500,000, translating to a price per square foot of $233.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Address: 100 West Park Avenue
  • Market: Long Beach
  • Sale Price: $3,500,000
  • Square Footage: 15,000
  • Price per Square Foot: $233
  • Seller's Representative: Anthony M Ponte - Stonegate Real Estate

Anthony M Ponte from Stonegate Real Estate represented the seller in this transaction, facilitating the sale of the property located at 100 West Park Avenue.

Players

Anthony M Ponte

Stonegate Real Estate

Broker

$14.6M

vol

9 deals

Broker

Long Beach 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93