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.
Long Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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