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

Updated Oct 29, 2024

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

About this deal

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.

On the Map

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$4,900,000

$524/SF

MultiFamily

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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
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Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $524 per square foot on a published $4.9M for 9,335 square feet (2024).

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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

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