Updated Sep 9, 2024
Ariel Property Advisors Represents Landlord In Industrial Lease Deal At 3522 Webster Avenue In Norwood, Bronx
3522 Webster Avenue
$18
$18/SF
Building Size
18,528 SF
Asset Type
Industrial
Closing
Feb 8, 2023
About this deal
AI
The industrial property located at 3522 Webster Avenue in Norwood, Bronx has been leased. The transaction was facilitated by Daniel Mahfar and Jason M. Gold of Ariel Property Advisors acting as the landlord's representatives. The property spans across 18,528 square feet.
Summary of transaction details
- Property Type: Industrial
- Address: 3522 Webster Avenue, Norwood, Bronx
- Market: Norwood, Bronx
- Landlord's Rep: Daniel Mahfar & Jason M. Gold - Ariel Property Advisors
- Asking Rent: $18 per square foot
This lease transaction showcases the involvement of notable individuals in the deal, namely Daniel Mahfar and Jason M. Gold, who represent Ariel Property Advisors as the landlord's representatives.
Players
New York 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
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93