Ryan Perkoski and John Martisch Brokered a Retail Property in the Bronx for $4.05M
SOLD
$4,050,000
New York
See Similar DealsRetail17,000 SF
Sold 09/25/2024
SOLD
Ryan Perkoski and John Martisch Brokered a Retail Property in the Bronx for $4.05M
1215 Stratford Avenue
See Similar DealsRetail17,000 SF
Sold 09/25/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$238
Total Square Footage:17,000 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail space located at 1215-1217 Stratford Avenue in the Bronx. The sale price was $4,050,000, with a total square footage of 17,000, resulting in a price per square foot of $238.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $4,050,000
- Address: 1215-1217 Stratford Avenue
- Market: Bronx
- Square Feet: 17,000
- Price Per Square Foot: $238
- Buyer: Stratford 26, LLC
- Seller: Stratakis Family
- Brokers: Ryan Perkoski & John Martisch - RPR Ventures
- Date of Transaction: 09/25/2024
Key individuals involved in the transaction include the buyer, Stratford 26, LLC, and the seller, Stratakis Family. The brokerage team representing the transaction comprised Ryan Perkoski and John Martisch from RPR Ventures, facilitating the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$216,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,388.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,199.07
Annual Debt Service$230,388.79
Is there something missing? Send suggestions