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4564 Matilda Avenue

Shalev Shoshani Buys Package Deal In Wakefield, Bronx For $750,000
SOLDPackage Deal

Shalev Shoshani Buys Package Deal In Wakefield, Bronx For $750,000

4564 Matilda Avenue & 4566 Matilda Avenue

$750,000

$118/SF

Building Size

6,336 SF

Asset Type

Package Deal

Closing

Apr 4, 2024

AI

The package deal in Wakefield, Bronx, comprising 4564 Matilda Avenue & 4566 Matilda Avenue, was successfully transacted for $750,000. The total square footage of the asset is 3,168 with a price per square foot of $237, showcasing a lucrative investment opportunity in a prime location.

Summary of transaction details:

Shalev Shoshani emerged as the buyer, while Shirley Miller served as the seller in this strategic property acquisition. Facilitating the transaction was Diamonte Zarba from Woodlawn Property Group, ensuring a smooth process for all parties involved.

Players

Diamonte Zarba

Woodlawn Property Group

Broker

$3.5M

vol

4 deals

Broker

Bronx Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

21.15%

Cash-on-Cash

-6.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93