Updated Dec 14, 2024
Amazon Leases Industrial Space At 2505 Bruckner BLVD In Bronx
2505 Bruckner BLVD, New York, NY, 1...
Building Size
568,500 SF
Asset Type
Industrial
Closing
Nov 1, 2022
About this deal
AI
The industrial property located at 2505 Bruckner BLVD in New York, NY, spans 568,500 square feet. It was recently leased to Amazon by Square Mile Capital in the Bronx market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Landlord: Square Mile Capital
- Tenant: Amazon
- Landlord's Representatives: Leslie Lanne(JLL), Robert (Rob) Kossar(JLL)
The lease deal was facilitated by Leslie Lanne and Robert Kossar of JLL, representing Square Mile Capital in the transaction. Amazon, a prominent tenant, secured this sizable industrial space in New York, adding to its extensive portfolio.
On the Map
Industrial
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Players
Bronx Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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