Retail Property At 3535-3539 Riverdale Avenue Sold In Bronx For $1.225M
3535 3539 Riverdale Avenue
$1,275,000
$520/SF
Building Size
2,450 SF
Asset Type
Retail
Closing
Sep 4, 2025
AI
The transaction involved a retail property located at 3535-3539 Riverdale Avenue in the Bronx. The sale price of the property was $1,225,000, with a total square footage of 2,450 and a price per square foot of $500.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,225,000
- Address: 3535-3539 Riverdale Avenue
- Market: Bronx
- Square Footage: 2,450
- Price per Square Foot: $500
The deal included representation by Todd Tremblay, Robert Horvath, and Robert Aaron from the brokerage agency Horvath & Tremblay, signifying their roles as the brokers involved in the transaction.
Players
Bronx 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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93