Koptiev Family Acquires Retail Property In Riverdale, Bronx For $1.4M
6677 Broadway
$1,400,000
$348/SF
Building Size
4,021 SF
Asset Type
Retail
Closing
Sep 14, 2023
About this deal
AI
A retail property located at 6677 Broadway in Riverdale, Bronx has been sold. The property spans a total of 4,021 square feet and was sold for a price of $1,400,000, resulting in a price per square foot of $348.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,400,000
- Square Footage: 4,021
- Address: 6677 Broadway, Riverdale, Bronx
The buyers of the property are the Koptiev Family, while the sellers are the Oiring Family. Mitchel Flaherty from B6 Real Estate Advisors represented both parties as the broker in the deal.
Players
Market 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93