Enterprise Recovery Leases 4,325 SF Industrial Space At 3325 De Lavall Avenue For $24/ft
3325 De Lavall Avenue
$24
$24/SF
Building Size
4,325 SF
Asset Type
Industrial
Closing
Dec 11, 2025
AI
The asset located at 3325 De Lavall Avenue in the Co-Op City market is comprised of an industrial property. The space spans 4,325 square feet, under a modified gross lease, with an asking rent of $24 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $24/ft
- Lease Type: Modified Gross Lease
- Landlord: James Magglio
- Tenant: Enterprise Recovery
- Date of Transaction: 12/12/2025
- Brokers: Luca DiCiero & Faisal Gilani - NY Space Finders
Luca DiCiero and Faisal Gilani represented the landlord in this transaction, facilitating the lease agreement between James Magglio and Enterprise Recovery.
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
660958.33%
Cash-on-Cash
-188903.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93