Updated Dec 19, 2025
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
$25,350,000
Building Size
—
Asset Type
Industrial
Closing
Dec 1, 2025
About this deal
AI
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.
On the Map
$25,350,000
Industrial
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Players
Bronx Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93