Updated Dec 4, 2024
Yury Berson Acquires Industrial Warehouse From Theodore & Eleanor Bresky For $1.6M
1859 Commerce Drive
$1,600,000
$67/SF
Building Size
23,652 SF
Asset Type
Industrial
Closing
Apr 19, 2024
About this deal
AI
An industrial warehouse located at 1859 Commerce Drive in Bridgeport, CT, has been sold for $1.6 million. The property spans 23,652 square feet and was acquired by Yury Berson from Theodore and Eleanor Bresky. The transaction was facilitated by Jon Angel of Angel Commercial.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,600,000
- SF: 23,652
- PPSF: $68
- Address: 1859 Commerce Drive
- Market: Bridgeport, CT
Jon Angel of Angel Commercial played a pivotal role as the broker, representing both the buyer, Yury Berson, and the sellers, Theodore and Eleanor Bresky, in the successful sale of the industrial warehouse. The transaction marks a significant change in ownership of the property, benefiting both parties involved in the deal.
On the Map
$1,600,000
$67/SF
Industrial
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Players
Bridgeport Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93