Jerusalem Furniture Corp Leases Industrial Space At 830 Barry St, Hunts Point, Bronx
830 Barry Street, The Bronx, New York 10474, United States
Building Size
22,400 SF
Asset Type
Industrial
Closing
Mar 31, 2022
AI
The industrial property located at 830 Barry Street in Hunts Point, Bronx has been leased. The asset spans a total of 22,400 square feet and is owned by Cedar Holdings.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Lease
- Address: 830 Barry Street
- Market: Hunts Point, Bronx
Jerusalem Furniture Corp. has become the tenant of this leased property. The lease was facilitated by brokers Dov Bleich and Avi Akiva from Tri State Commercial Realty.
Asking rent for the property is $22 per square foot.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93