Updated Oct 28, 2024
Met Bank Provides $3.2M Refinance Loan For 14,000 SF Industrial Property On Bruckner Blvd. In The Bronx
126 Bruckner Boulevard, The Bronx, New York 10454, United States
$3,200,000
$228/SF
Building Size
14,000 SF
Asset Type
Industrial
Closing
Feb 28, 2022
About this deal
AI
The industrial property located at 126 Bruckner Blvd in Bronx was recently involved in a loan transaction. The property spans 14,000 square feet and is categorized as an industrial asset.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,200,000
- Loan Type: Refinance Loan
The loan for this property was provided by Met Bank. The brokers involved in the transaction were Gabby Cali and Frank Stanislaski, representing Progress Capital.
The industrial loan at 126 Bruckner Boulevard, The Bronx, New York 10454, United States in New York, New York financed for $3.2M in 2022. The building is 14,000 square feet, implying about 228 per square foot on the published price. Frank Stanislaski, Gabby Cali, Progress Capital appear on the loan alongside Progress Capital. This page is the New York, New York file for the 126 Bruckner Boulevard, The Bronx, New York 10454, United States industrial financed: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else financed near 126 Bruckner Boulevard, The Bronx, New York 10454, United States around 2022. Published consideration for 126 Bruckner Boulevard, The Bronx, New York 10454, United States is $3.2M, dated 2022. Cite this Met Bank Provides $3.2M Refinance Loan For 14,000 SF Industrial Property On Bruckner Blvd. In The Bronx loan when underwriting similar industrial product around New York, New York.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93