Updated Sep 9, 2024
Marc Pogostin Acquires Industrial Property On Home Street In Bronx For $2.55M
1074 Home Street, Bronx, NY, USA
$2,550,000
$212/SF
Building Size
12,000 SF
Asset Type
Industrial
Closing
Aug 12, 2021
About this deal
AI
An industrial property located at 1074 Home Street in the Bronx has been sold for $2,550,000. The property spans 12,000 square feet, resulting in a price per square foot of $212. The transaction took place on August 13, 2021, and was brokered by Mitchel Flaherty of B6 Real Estate.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $2,550,000
- Address: 1074 Home Street
- Market: Bronx
Marc Pogostin was the buyer of the property, while Raymond Agosto acted as the seller. Mitchel Flaherty of B6 Real Estate represented both parties in the deal.
On the Map
$2,550,000
$212/SF
Industrial
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Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
About $212 per square foot on a published $2.6M for 12,000 square feet (2021).
Visit Mitchel Flaherty to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93