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Russell Fridman Acquires Retail Property In Bronx For $4.3M

Property Image
SOLD
Chin Ho Park

New York

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Retail78,000 SF
Sold 02/13/2018
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Property Image
SOLD

Russell Fridman Acquires Retail Property In Bronx For $4.3M

1480 Williamsbridge Rd, The Bronx, NY 10461, USA

See Similar Deals
Retail78,000 SF
Sold 02/13/2018
Chin Ho Park
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:78,000 SF
Transaction Type:Sale

The property at 1480-1484 Williamsbridge Rd in New York, Bronx is a retail asset that was recently sold. The transaction took place on February 13, 2018, and the property was purchased by Russell Fridman for a price of $4,282,000. The property spans 7,800 square feet and has a price per square foot of $549. The seller in this transaction was Eben Ascel Corp.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,282,000
  • Square Footage: 7,800 sf
  • Price Per Square Foot: $549
  • Address: 1480-1484 Williamsbridge Rd, New York, Bronx
  • Market: Bronx

Silber Investment Properties, represented by Mike J. Marino & Chin Ho Park, facilitated the deal between the buyer, Russell Fridman, and the seller, Eben Ascel Corp. This transaction demonstrates the active real estate market in the Bronx and the value placed on retail properties in the area.

Players

Chin Ho Park
2 deals$5.9M volume
BROKER

Michael J. Marino
Compass
3 deals$11.8M volume
BROKER


SELLER

Details

SOLD
IMAGE: 02/13/2018 IMAGE: Michael J. Marino ADDRESS: 1480-1484 Williamsbridge Rd CITY: New York MARKET: Bronx ASSET TYPE: Retail PRICE: $4,282,000 SF: 7,800 sf PPSF: $549 SELLER: Eben Ascel Corp. BUYER: Russell Fridman BROKER: Silber Investment Properties. Mike J. Marino & Chin Ho Park D

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Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

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0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00