Vincent Theurer Acquires Retail Property In Bronx For $5.9M
SOLD
$5,900,000
New York
See Similar DealsRetail6,000 SF
Sold 05/13/2022
SOLD
Vincent Theurer Acquires Retail Property In Bronx For $5.9M
38 Westchester Square, Bronx, NY 10461
See Similar DealsRetail6,000 SF
Sold 05/13/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$983
Total Square Footage:6,000 SF
Transaction Type:Sale
The retail property located at 38 Westchester Square in the Bronx has been sold in a closed transaction. The deal was facilitated by John Oliveri of STL Realty LLC, representing the buyer, Vincent Theurer, and Alex Adjmi of ACHS Management, representing the seller. The transaction took place on May 13, 2022, and the property spans approximately 6,000 square feet.
Summary of transaction details
- Property Type: Retail
- Sale Price: $5,900,000
- Address: 38 Westchester Square, Bronx
- Market: Bronx
The sale price of the property was $5,900,000, resulting in a price per square foot of $983. John Oliveri of STL Realty LLC and Alex Adjmi of ACHS Management were the brokers involved in the deal. The transaction was successfully concluded, showcasing the collaborative effort of all parties involved.
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)
$314,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,961.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,969.01
Annual Debt Service$335,628.12
Is there something missing? Send suggestions