Andrew Impagliazzo Acquires Office Building At 2128 Westchester Avenue In Bronx For $1.5M
SOLD
$1,800,000
New York
See Similar DealsOffice9,600 SF
Sold 05/17/2019
SOLD
Andrew Impagliazzo Acquires Office Building At 2128 Westchester Avenue In Bronx For $1.5M
2128 Westchester Avenue, Bronx, NY 10462
See Similar DealsOffice9,600 SF
Sold 05/17/2019
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$187
Total Square Footage:9,600 SF
Transaction Type:Sale
The property involved in this transaction is an office located at 2128 Westchester Avenue in Bronx. The asset spans a total area of 9,600 square feet. The property was sold on May 17, 2019.
Summary of transaction details
- Property Type: Office
- Sale Price: $1,500,000
- Gross Income: $97,644
- Asking Price: $1,800,000
- Price per Square Foot: $156
The seller in this transaction was Eli Tabak Bluestone, while the buyer was Andrew Impagliazzo. The brokers representing the deal were Richard Guarino and Joseph Smith from Friedman Roth Realty Services.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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