Ruben Luna Acquires Retail Property In Bronx For $8M
2182 White Plains Rd, The Bronx, NY 10462, USA
$8,000,000
$84/SF
Building Size
95,000 SF
Asset Type
Retail
Closing
Aug 6, 2020
About this deal
AI
The retail property located at 2182 White Plains Road in Bronx was recently sold for a transaction amount of $8,000,000. The property has a building square footage (BSF) of 34,400 and a price per BSF (PPBSF) of $232. Additionally, the property has a total square footage (SF) of 9,500 and a price per square foot (PPSF) of $842.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $8,000,000
- BSF: 34,400
- PPBSF: $232
- SF: 9,500
- PPSF: $842
The buyer of the property is Ruben Luna, while the seller is Myjo Development Corp represented by Michael Sperazza.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ruben Luna to view all their deals.
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93