Page 24 - Venture Capital Properties

SunriSe highway BoSton road lynBrook, new york Bronx, new york Address Address 777 Sunrise Highway 1133 Boston Road Lynbrook, New York Bronx, New York Sales Price Sales Price $5,750,000 $4,500,000 Building Size Building Size 23,601 SF 39,655 SF Building Use Building Use Office Residential and Retail Seller Seller Private Investor David Green Buyer Buyer Private Investor David Sedgh This three-story 100% leased investment property represents one of many This beautiful five-story investment property features 50 apartments Class A office buildings that Venture Capital Properties has brokered. with a total of 160 rooms and four retail shops on the ground floor. With With 23,601 gross leasable square feet of office building, this investment over 39,655 square feet of rentable space, this investment proved to be opportunity proved to be quite successful for the buyer. The property quite profitable for Mr. Sedgh. When the property was available, it had an also includes a two-story over on grade parking deck, and features excellent assumable mortgage for $2,450,000 at a rate of 4.3%. construction of steel, masonry and tinted glass. 24 © 2016 VENTURE CAPITAL PROPERTIES WWW.VCPRE.COM 25