Corey Horowitz Of RW Real Estate Group Acquires Other Property In Bronx For $3.27M
SOLD
$3,275,000
New York
See Similar DealsOther15,000 SF
Sold 10/02/2019
SOLD
Corey Horowitz Of RW Real Estate Group Acquires Other Property In Bronx For $3.27M
3208 Third Ave., The Bronx, NY 10451, USA
See Similar DealsOther15,000 SF
Sold 10/02/2019
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$218
Total Square Footage:15,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$174,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,635.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,525.17
Annual Debt Service$186,302.05
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