Atlas Realty Group Acquires Mixed-Use Property In Van Nest, Bronx For $6.2M
2009 Cruger Avenue
$6,200,000
$125/SF
Building Size
49,260 SF
Asset Type
MultiFamily
Closing
Sep 6, 2023
AI
The mixed-use property located at 2009 Cruger Avenue in Van Nest, Bronx has been sold for a total price of $6,200,000. The property spans a total area of 49,620 square feet, resulting in a price per square foot of $125. The transaction took place on 09/06/2023.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,200,000
- Address: 2009 Cruger Avenue
- Market: Van Nest, Bronx
The deal was facilitated by Erik Yankelovich, Shlomo Antebi, Yosef Katz, and Natan Safdieh from Atlas Realty Group.
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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93