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3208 Third Ave., The Bronx,...

Corey Horowitz Of RW Real Estate Group Acquires Other Property In Bronx For $3.27M
SOLDOther

Corey Horowitz Of RW Real Estate Group Acquires Other Property In Bronx For $3.27M

3208 Third Ave., The Bronx, NY 10451, USA

$3,275,000

$218/SF

Building Size

15,000 SF

Asset Type

Other

Closing

Oct 1, 2019

AI

A property located at 3208 3rd Avenue in Bronx has been sold in a closed transaction. The property, measuring 15,000 square feet, was sold by Aaron Goodman, with Corey Horowitz of RW Real Estate Group acting as the buyer.

Summary of transaction details

  • Property Type: Other
  • Asking Price: $3,400,000
  • Sale Price: $3,275,000
  • Price per Square Foot: $218
  • Address: 3208 3rd Avenue, Bronx

This deal involved the seller, Aaron Goodman, and the buyer, Corey Horowitz of RW Real Estate Group. The sale price for the property was $3,275,000, with an asking price of $3,400,000. The property measures 15,000 square feet and is located at 3208 3rd Avenue in Bronx.

Players

Corey Horowitz

RW Real Estate

Buyer

$23M

vol

7 deals

Buyer
Real Estate Group
Real Estate GroupBuyer

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.84%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93