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935 Garrison Avenue

Ed Brickley Of Realterm Acquires 1-acre Industrial Site At 935 Garrison Avenue In Bronx
SOLD

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

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:

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

Jakub Nowak

Marcus & Millichap

Broker

$486.7M

vol

89 deals

Broker

Ed Brickley

Realterm

Buyer

3 deals

Buyer

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