JD Suma Acquires Development Site In Bronxville For $3.9M From Seller Brandon Yasgur And Brokers Greg Corbin & Jack Zalta
100 Pondfield Road, Bronxville, NY, USA
$3,900,000
$108/SF
Building Size
36,000 SF
Asset Type
Development Site
Closing
Apr 12, 2021
AI
A development site located at 100 Pondfield Road in Bronxville has been sold in a recent transaction. The property was purchased by JD Suma from seller Brandon Yasgur. The deal was facilitated by brokers Greg Corbin and Jack Zalta of Rosewood Realty Group. The sale price for the development site was $3,900,000, lower than the asking price of $4,250,000. The development site has a buildable square footage (BSF) of 36,000, resulting in a price per buildable square footage (PPBSF) of $108.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,900,000
- Address: 100 Pondfield Road, Bronxville
- Market: Bronxville
The buyer, JD Suma, acquired the development site from seller Brandon Yasgur. The transaction was facilitated by brokers Greg Corbin and Jack Zalta of Rosewood Realty Group.
Players
Bronxville Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93