John R Creegan Acquires Retail Property On Katonah Ave In Woodlawn, Bronx For $4.1M
4299 Katonah Avenue, The Bronx, New York 10470, United States
$4,100,000
$504/SF
Building Size
8,125 SF
Asset Type
Retail
Closing
Dec 6, 2021
About this deal
AI
Located at 4299 Katonah Avenue in the Woodlawn neighborhood of Bronx, this retail property was recently sold in a closed transaction. The property is zoned as R5B and C1-3, allowing for a mix of residential and commercial uses. The transaction took place on December 7, 2021.
Summary of Transation Details
- Property Type: Retail
- Transaction Amount: $4,100,000
- Building Square Footage: 8,100
- Price per Building Square Foot: $506
- Total Square Footage: 8,125
- Price per Square Foot: $505
- Floor Area Ratio (FAR): 1.35
- Tax Class: 4
- Lot Size: 6,000
- Last Sale Price: $0 (12/07/1977)
- Permits: 3 months for permits
- Lot Dimension: 100 ft x 60 ft
John R Creegan was the buyer in this transaction, while Alan L Bushlow was the seller. The deal was facilitated by John R Creegan's representative.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93