facebook
Traded Co logo
Submit

Aron Wexler & David Ambalo Acquire Multi Family Vacant Building On Park Avenue For $1.45M

Property Image
SOLD
$1,450,000

New York

See Similar Deals
MultiFamily9,600 SF
Sold 10/05/2018
the dealplayerscompscontact
Property Image
SOLD

Aron Wexler & David Ambalo Acquire Multi Family Vacant Building On Park Avenue For $1.45M

4683 Park Avenue, Bronx, NY 10458

See Similar Deals
MultiFamily9,600 SF
Sold 10/05/2018
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$151
Total Square Footage:9,600 SF
Transaction Type:Sale

Located in the Belmont neighborhood of the Bronx, a multi-family vacant building has been sold at 4683 Park Avenue. The transaction was facilitated by Lev Mavashev from ALPHA REALTY, acting as the broker. The property spans across 9,600 square feet, and the purchase price amounted to $1,450,000, resulting in a price per square foot of $151.

Summary of transaction details

  • Property Type: Multi Family Vacant Building
  • Transaction Amount: $1,450,000
  • Date: 10/5/18
  • Address: 4683 Park Avenue
  • Market: Belmont, Bronx
  • Buyer: Aron Wexler & David Ambalo
  • Seller: Mark Tress

Aron Wexler and David Ambalo emerged as the buyers of the property, while Mark Tress acted as the seller. Lev Mavashev, representing ALPHA REALTY, played a crucial role as the broker in facilitating the deal.

Players

Lev Mavashev
105 deals$704M volume(212) 658-0955
BROKER

Details

SOLD
IMAGE: Lev Mavashev DATE: 10/5/18 ADDRESS: 4683 Park Avenue MARKET: Belmont, Bronx ASSET TYPE: Multi Family Vacant Building BUYER: Aron Wexler & David Ambalo SELLER: Mark Tress BROKER: Lev Mavashev - ALPHA REALTY PRICE: $1,450,000 SF: 9,600 ~ PPSF: $ 151

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$77,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88