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141 E 140th St, Bronx, NY, ...

Casablanca Property Owner LLC Acquires Bronx Property From Societe D’Exploitation Agricole C-I For $4.9M
SOLDMultiFamily

Casablanca Property Owner LLC Acquires Bronx Property From Societe D’Exploitation Agricole C-I For $4.9M

141 E 140th St, Bronx, NY, 10451

$4,900,000

$524/SF

Building Size

9,335 SF

Asset Type

MultiFamily

Closing

Nov 19, 2023

AI

The property asset involved in the transaction is located at 141 E 140th St, Bronx, NY, 10451. The transaction price for this asset was $4,900,000.00, and the total square footage of the property is 9,335. The market for this property is Bronx.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $4,900,000.00
  • Address: 141 E 140th St, Bronx, NY, 10451
  • Market: Bronx
  • Seller: Societe D’Exploitation Agricole C-I, LLC
  • Buyer: Casablanca Property Owner LLC
  • Seller's Representative: Donna Fakiris - Pomme Group Real Estate Corp.

The transaction involved significant participation from the buyer, Casablanca Property Owner LLC, and the seller, Societe D’Exploitation Agricole C-I, LLC. The representation was conducted by Donna Fakiris from Pomme Group Real Estate Corp., who acted on behalf of the seller during the deal.

Players

Donna Fakiris

Pomme Group Real Estate Corp.

Broker

$4.9M

vol

1 deal

Broker
Capital Property Partners
Capital Property PartnersBrokerage
SC
Societe D’Exploitation Agricole C-ISeller

Bronx 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

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93