Ed Brickley Of Realterm Acquires 1-acre Industrial Site At 935 Garrison Avenue In Bronx
935 Garrison Avenue
Building Size
—
Asset Type
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Closing
May 12, 2026
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.
Players
Garrison CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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