facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Industrial

/

Loan

/

301 West Fordham Road

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

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

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.

Players

Wells Fargo
Wells FargoLender

Bronx Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

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