Updated Oct 28, 2024
H. Holding Group Acquires Industrial Property On Home St., Bronx For $1.8M
1061 Home Street, The Bronx, New York 10459, United States
$1,800,000
$180/SF
Building Size
10,000 SF
Asset Type
Industrial
Closing
May 23, 2022
About this deal
AI
Located at 1061 Home St. in the Bronx, this industrial property has recently been sold in a closed transaction. The property spans 10,000 square feet and was sold for a total price of $1,800,000, resulting in a price per square foot of $180. The sale took place on May 24, 2022.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $1,800,000
- Square Feet: 10,000
- Price per Square Foot: $180
- Address: 1061 Home St., Bronx
- Market: Bronx
The buyer in this transaction was H. Holding Group, while the seller was Douglas Austrian. Mitchel Flaherty from B6 Real Estate Advisors represented both parties as the broker in the deal.
On the Map
$1,800,000
$180/SF
Industrial
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Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93