Ed Brickley Of Realterm Acquires 1-acre Industrial Site At 935 Garrison Avenue In Bronx
935 Garrison Avenue
Building Size
—
Asset Type
—
Closing
May 12, 2026
About this deal
AI
An industrial outdoor storage site located at 935 Garrison Avenue, Bronx has been sold. The property encompasses 1 acre and is situated in the Hunts Point neighborhood of the Bronx, enhancing its appeal for industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 935 Garrison Avenue
- Market: Bronx
- Buyer: Ed Brickley - Realterm
- Seller: Metro PH 935 Garrison LLC
- Brokers: Steven Siegel, Philip Biancavilla, Jakub Nowak - Marcus & Millichap
This transaction marks Realterm's acquisition of its fifth industrial property in the Bronx, reflecting the company's continued investment in the industrial sector within the borough.
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Garrison CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93