Eden Ashourzadeh & Michael Eliakamal Acquire Retail Property In New York City For $2.3M
1436 E Gun Hill Rd Bronx, NY 10469, USA
$2,300,000
$380/SF
Building Size
6,052 SF
Asset Type
Retail
Closing
Jun 28, 2023
About this deal
AI
The property at 1436-1446 East Gun Hill Road in New York City has been sold for $2,300,000. The retail asset spans 6,052 square feet, resulting in a price per square foot of $380.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,300,000
- Square Footage: 6,052
- Price per Square Foot: $380
Eden Ashourzadeh and Michael Eliakamal have purchased the property from Leonardo Paoliello. The deal was closed on 06/28/2023.
The retail sale at 1436 E Gun Hill Rd Bronx, NY 10469, USA in New York, New York sold for $2.3M in 2023. The building is 6,052 square feet, implying about 380 per square foot on the published price. Named participants on the 1436 E Gun Hill Rd Bronx, NY 10469, USA sale are Eden Ashourzadeh. This page is the New York, New York file for the 1436 E Gun Hill Rd Bronx, NY 10469, USA retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 1436 E Gun Hill Rd Bronx, NY 10469, USA around 2023. Published consideration for 1436 E Gun Hill Rd Bronx, NY 10469, USA is $2.3M, dated 2023. Cite this Eden Ashourzadeh & Michael Eliakamal Acquire Retail Property In New York City For $2.3M sale when underwriting similar retail product around New York, New York.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93