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Bruce C. Roch, Jr Of Storage Post Secures $25.35 Million Refinancing From Wells Fargo For Bronx Assets

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FINANCED
$25,350,000

New York

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Industrial
Financed 12/01/2025
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FINANCED

Bruce C. Roch, Jr Of Storage Post Secures $25.35 Million Refinancing From Wells Fargo For Bronx Assets

301 West Fordham Road, 305 West Fordham Road & 4077 Park Avenue

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Industrial
Financed 12/01/2025
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Summary

NEW YORK
Asset Type:Industrial
Transaction Type:Loan

The asset involved in the transaction consists of three self-storage properties located at 301 West Fordham Road, 305 West Fordham Road, and 4077 Park Avenue in the Bronx market. The properties secured a loan amount of $25,350,000 as part of a refinance agreement. The deal pertains specifically to industrial asset type facilities in the Tremont and Fordham Manor neighborhoods.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $25,350,000
  • Lender: Wells Fargo
  • Landlord: Bruce C. Roch, Jr - Storage Post
  • Loan Type: Refinance

This refinancing marks a continuation of financial engagement between Storage Post and Wells Fargo, following an earlier refinance transaction totaling $152 million in New York City. The key figure representing Storage Post in this transaction is Bruce C. Roch, Jr.

Players

Wells Fargo
Wells Fargo
LENDER
SP
Storage Post
LANDLORD

Details

FINANCED
IMAGE: Bruce C. Roch, Jr DATE: 12/01/2025 ADDRESS: 301 West Fordham Road, 305 West Fordham Road & 4077 Park Avenue MARKET: Bronx ASSET TYPE: Industrial LENDER: Wells Fargo (@WellsFargo) LANDLORD: Bruce C. Roch, Jr - Storage Post (@StoragePostSelfStorage) LOAN AMOUNT: $25,350,000 LOAN TYPE: Refinance NOTE: Storage Post secured $25.35 million in refinancing from Wells Fargo for three Bronx self-storage properties in Tremont and Fordham Manor, following an earlier $152 million NYC refi with the bank. NewYorkCity

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$25,350,000.00

Monthly NOI$169,000.00
Monthly Debt Service$160,229.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00