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2009 Cruger Avenue

Atlas Realty Group Acquires Mixed-Use Property In Van Nest, Bronx For $6.2M
SOLDMultiFamily

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

Natan Safdieh

Atlas Realty Group

Broker

$113.5M

vol

22 deals

Broker

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