Mark M. Benun, Bert I. Dweck, Jonathan Diaz & Seven Star Family LLC Acquire Retail Property In Highbridge, Bronx For $7M
1091 Ogden Ave Bronx, NY 10452, USA
$7,000,000
$553/SF
Building Size
12,645 SF
Asset Type
MultiFamily
Closing
Sep 7, 2023
AI
The retail property located at 1091 Ogden Avenue in Highbridge, Bronx has been sold for a price of $7,000,000. The property spans 12,645 square feet, resulting in a price per square foot of $554. The transaction was completed on September 7, 2023. The seller of the property was Bradford S. Barr.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,000,000
- Address: 1091 Ogden Avenue, Highbridge, Bronx
- Market: Highbridge, Bronx
- Square footage: 12,645
- Price per square foot: $554
The buyers of the property are Mark M. Benun, Bert I. Dweck, Jonathan Diaz, and Seven Star Family LLC. They were represented by their broker, Mark M. Benun & Bert I. Dweck. This successful transaction signifies the active real estate market in the Highbridge area of Bronx.
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93