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
Bronx 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93