Retail Property At 3535-3539 Riverdale Avenue Sold In Bronx For $1.225M
SOLD
$1,275,000
New York
See Similar DealsRetail2,450 SF
Sold 09/05/2025
SOLD
Retail Property At 3535-3539 Riverdale Avenue Sold In Bronx For $1.225M
3535 3539 Riverdale Avenue
See Similar DealsRetail2,450 SF
Sold 09/05/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$520
Total Square Footage:2,450 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81
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