Robinson Aguadelo Acquires Industrial Property In Bronx For $2.8M
SOLD
$2,800,000
New York
See Similar DealsIndustrial10,800 SF
Sold 11/20/2023
SOLD
Robinson Aguadelo Acquires Industrial Property In Bronx For $2.8M
1161 East 156th Street
See Similar DealsIndustrial10,800 SF
Sold 11/20/2023
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$259
Total Square Footage:10,800 SF
Transaction Type:Sale
An industrial property located at 1161 East 156th Street in Bronx has been sold in a transaction. The property spans across 10,800 square feet and was sold for a price of $2,800,000, resulting in a price per square foot of $259. The sale took place on November 20, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,800,000
- Address: 1161 East 156th Street
- Market: Bronx
The buyer in this transaction is Robinson Aguadelo, while the seller is BNS Real Estate. The deal was facilitated by Mitchel Flaherty of an undisclosed agency serving as the broker representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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