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1091 Ogden Ave Bronx, NY 10...

Mark M. Benun, Bert I. Dweck, Jonathan Diaz & Seven Star Family LLC Acquire Retail Property In Highbridge, Bronx For $7M
SOLDMultiFamily

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.

Players

Bradford S Barr

BNS Real Estate

Seller

$101.3M

vol

4 deals

Seller

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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