Jonathan Wiener Acquires Bronx, Brooklyn, And Yonkers Properties In New York
300 E 194th St, The Bronx, NY 10458, USA
Building Size
1,067,000 SF
Asset Type
Retail
Closing
May 16, 2018
AI
Jonathan Wiener has closed a property transaction involving assets in Bronx, Brooklyn, and Yonkers. The properties include 300-312 East 194th Street, 2609 Marion Avenue, and 1544 East 174th Street in Bronx; 191 York Street, 416 Crescent Street, 578-584 Rockaway Avenue, and 104-15 Glenwood Road in Brooklyn; and 268-274 and 417-433 Riverdale Avenue in Yonkers.
Summary of transation details
- Property Type: Multiple properties
- Transaction Amount: Not provided
- Market: Bronx, Brooklyn, and Yonkers
The deal involved multiple properties in New York City. Unfortunately, no additional information about the transaction amount or other details was provided.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93