Muhammed Andha Purchases Retail Asset At 1210 Webster Avenue Bronx For $4 Million With Brokers Jonathan Squires Josh Neustadter & Austin Weiner
SOLD
New York
See Similar DealsRetail6,250 SF
Sold 07/30/2025
SOLD
Muhammed Andha Purchases Retail Asset At 1210 Webster Avenue Bronx For $4 Million With Brokers Jonathan Squires Josh Neustadter & Austin Weiner
1210 Webster Avenue
See Similar DealsRetail6,250 SF
Sold 07/30/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$640
Total Square Footage:6,250 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 1210 Webster Avenue in the Bronx. The sale price of the asset was $4,000,000, with a total square footage of 6,250, resulting in a price per square foot of $640.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Buyer: Muhammed Andha
- Seller: BNS Real Estate
- Brokers: Jonathan Squires, Josh Neustadter & Austin Weiner - Cushman & Wakefield
- Date of Transaction: 7/30/2025
This transaction involved key representatives from Cushman & Wakefield, specifically Jonathan Squires, Josh Neustadter, and Austin Weiner, who played a significant role in facilitating the sale between the buyer and the seller.
Players
BROKERAGE
SELLER
Details
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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