Peter Bourbeau Acquires Retail Property In Bronx, Claremont Village From Evelyn Jacobson
931 E 174th St, The Bronx, NY 10460, USA
$3,080,000
$541/SF
Building Size
5,686 SF
Asset Type
Retail
Closing
Dec 12, 2019
About this deal
AI
A retail property located at 931 E 174th Street in Bronx, Claremont Village has recently been sold. The asking price for the property was $3,550,000, and it was eventually sold for $3,080,000. The price per square foot was $542, while the price per buildable square foot was $145.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,080,000
- Address: 931 E 174th Street, Bronx, Claremont Village
- Market: Bronx, Claremont Village
The seller of the property was Evelyn Jacobson, while the buyer was Peter Bourbeau. The broker who facilitated the transaction was David Simone.
Players
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
5.15%
Cash-on-Cash
-1.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93