Met Bank Provides $3.2M Refinance Loan For 14,000 SF Industrial Property On Bruckner Blvd. In The Bronx
FINANCED
$3,200,000
New York
See Similar DealsIndustrial14,000 SF
Financed 03/01/2022
FINANCED
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
See Similar DealsIndustrial14,000 SF
Financed 03/01/2022
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$228
Total Square Footage:14,000 SF
Transaction Type:Loan
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.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,200,000.00
Monthly NOI$21,333.33
Monthly Debt Service$20,226.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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