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3535 3539 Riverdale Avenue

Retail Property At 3535-3539 Riverdale Avenue Sold In Bronx For $1.225M
SOLDRetail

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

Robert Aaron

Horvath & Tremblay

Broker

$104.9M

vol

14 deals

Broker
Horvath & Tremblay
Horvath & TremblayBrokerage

Bronx Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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