Simkho Aranbayev Acquires Retail Property In Edenwald For $5.25M, Buyer's Rep Simkho Aranbayev & Seller Anthony J Puma
3950 Laconia Avenue, East Bronx, Bronx, NY, USA
$5,250,000
$219/SF
Building Size
23,908 SF
Asset Type
Retail
Closing
Sep 21, 2021
About this deal
AI
The property located at 3950 Laconia Avenue in Edenwald has been sold for a price of $5,250,000. The retail asset spans a total square footage of 23,908 and has a price per square foot of $219. The building has a total square footage of 48,300 with a price per buildable square foot of $108. The property has a land area of 24,150 square feet and its dimensions are 201 feet by 116.58 feet. It is zoned as R5D, R5, C1-4 and falls under tax class 4. The property was subject to an alteration permit on December 8, 2015.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,250,000
- Market: Edenwald
- Buyer: Simkho Aranbayev
- Seller: Anthony J Puma
- Square Footage: 23,908
- Price per Square Foot: $219
- Buildable Square Footage: 48,300
- Price per Buildable Square Foot: $108
- Land Area: 24,150 square feet
- Zoning: R5D, R5, C1-4
- Tax Class: 4
- Permits: Alteration 2 (12/08/2015)
- Lot Dimension: 201 ft x 116.58 ft
The buyer of the property is Simkho Aranbayev and the seller is Anthony J Puma. They were represented in the deal by their respective agents. The property was sold at a price of $5,250,000, with a total buildable square footage of 48,300 and a price per buildable square foot of $108. The lot size is 24,150 square feet, and the property is zoned as R5D, R5, C1-4. The property falls under tax class 4 and had an alteration permit issued on December 8, 2015.
Players
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93