Updated Dec 21, 2023
Gent Bajram Murqi Acquires Industrial Property In Bronx For $2.2M
131-133 Kinnear Place, The Bronx, NY, USA
$2,205,000
$298/SF
Building Size
7,400 SF
Asset Type
Industrial
Closing
Jan 24, 2021
About this deal
AI
The industrial property located at 131-133 Kinnear Place in Bronx was recently sold in a closed transaction. The sale took place on January 25, 2021. The property spans across 7,400 square feet and is valued at $2,205,000, resulting in a price per square foot of $297. The buyer of the property is Gent Bajram Murqi, while the seller is the Estate of Marco Eugene. The transaction was facilitated by the real estate agency Voro Real Estate.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,205,000
- Address: 131-133 Kinnear Place, Bronx
- Market: Bronx
Gent Bajram Murqi acquired the industrial property from the Estate of Marco Eugene in this transaction. The deal was successfully closed with the assistance of Voro Real Estate as the broker representing both parties.
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
7.19%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93