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:
- Property Type: Package Deal
- Transaction Amount: $750,000
- Buyer: Shalev Shoshani
- Seller: Shirley Miller
- Broker: Diamonte Zarba - Woodlawn Property Group
- Address: 4564 Matilda Avenue & 4566 Matilda Avenue
- Market: Wakefield, Bronx
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.
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